Tuesday, August 7, 2007

Analyst Crooks are at it again

This morning here is a Yahoo headline:

"Bear Stearns may be attractive for JPM, BofA, HSBC"

NEW YORK (Reuters) - Banks including JPMorgan Chase, Bank of America and HSBC might be interested in buying Bear Stearns Cos at the right price, but there would be real obstacles to a deal happening anytime soon, analysts said.

Bear Stearns, the fifth largest Wall Street broker dealer by market value, has been cited as a potential takeover target after its leading position in mortgage trading has proven to be a liability as the subprime home loan market suffers from big delinquencies. Bear's shares have fallen 30 percent this year..."

etc. etc.

I don't believe these bastards...well, actually I do believe that they will go to any length, float any baseless rumor, lie and cheat and/or sell their mothers/daughters/sons into slavery to get their steaming turd banking stock positions to go up!!!

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