tag:blogger.com,1999:blog-3782644139927778760.post-87672919329043827972008-03-25T10:59:00.000-04:002008-03-25T10:59:00.000-04:002008-03-25T10:59:00.000-04:00How happy are Bear bondholders? Two weeks ago they held paper trading for 70 cents on the dollar. One week ago, the JP Morgan Chase takeover rocketed it back to par. Then they were reported to be heavy buyers of Bear stock at $4-5 a share, so as to be able to vote FOR the deal and against the revolt of Lewis and the Bear employees. Now, voila`, their stock is worth double. Ain't America great?Anonymousnoreply@blogger.com