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[RT] Re: [TimeandCycles] J.P. Morgan Rescues Bear Stearns - WSJ.com



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this is why
ANYONE who has,  their emplyer  stock ,in their 401K , should get rid of ANYTHING  ,over 5% of portfolio,
Ben
----- Original Message -----
Sent: Sunday, March 16, 2008 9:34 PM
Subject: [TimeandCycles] J.P. Morgan Rescues Bear Stearns - WSJ.com

 
 
Many well-known investors, from billionaire Joe Lewis to Bruce Sherman, the head of Legg Mason Inc.'s Private Capital Management Inc. money-management firm, have seen the value of their stakes in Bear Stearns plummet. The pain could be most acute for Bear Stearns's employees, who are steeped in a culture of personal ownership -- and hold about a third of the firm's shares outstanding




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