[Vo]:[VO];O.T. Bear bit

[R C Macaulay]

Howdy Vorts,

Something about the Bear Stearns deal is missing.. or.. err.. I am missing. I 
am still trying to figure out how an investemnt banking firm supposed as solid 
as the Bear could suddenly wake up broke on Friday and sold for 2 bucks a share 
 on Sunday.. a sorts off day for bankers.  Now outa the kindness of their 
heart, JP Morgan says they are gonna pay 10 bucks a share using our money cuz 
the Fed is paying for it anyway. James Cayne ex-CEO gets 65 mil instead of 27 
mil but still loses a billion. These people are incorrigible. 

http://www.msnbc.msn.com/id/23835791

Granted, the Dime Box saloon may sell green beer on St. Paddy's day .. and the 
poker game is mostly run on the level.. but..  After 911, it's getting harder 
to believe anything I read in the funny papers.. When it confuses Barney 
Frank.. it's time to get outa the poker game.

Richard