Monday, March 17, 2008

"15 years investment in a place lost in a blink of an eye"

by Ken Houghton

There are bodies—generally decapitated, but occasionally CNBC is showing heads as well; familiar people from the company cafeteria or the elevators or the floors—walking out of 383 Madison.

The assets are leaving the building, with bags, binders, and other manners of carrying personal memorabilia.

It's probably a good time to sell all my old Koalas and Dalmatians with "Bear Stearns" attire on eBay. But I rarely time the market perfectly, so let's just make this a Day of Mourning.

Happy St. Patrick's Day: from all the snakes out of Ireland to all the Bear Faithful out of 383. Requiescat in pace.

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