Obituary March 18th, 2008 The life of Bear Stearns was prematurely taken this week when the US economy realized the effects of the diabolical schemes this loan Bank and its furiously hell-bent ilk planned and perpetrated on the lower and middle classes for almost 100 years, cooperating with the deceitfully obtuse Federal Reserve. When Bear Stearns’s value crashed, losing millions to the devaluation of the dollar, it was picked apart and cannibalized by the Fed for two dollars a share, only to be remembered as an example of rich soulless bastards getting their just deserts. During the early years, Bear Stearns earned a nice niche for itself as a banking franchise while specializing in loans, securities, and corporate/individual credit. During the years, the company saw many successes, including the dehumanization of Americans who were stretched just a little too thin and could not pay their bills. Bear Stearns was there to assist them in their times of need by raising interest rates ...
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