Last calendar week it was a $70 stock; today it was purchased yesteryear JPM for $2 a share. That is how rapidly things unraveled for Bear Stearns (BSC). In the appear upwards of such verbalize annihilation of wealth, it's understandable that markets are fearful in addition to volatile to showtime the week. Note that the VIX is in i lawsuit over again inwards a higher house 30, on rail to spike higher should the overnight weakness tumble over to tomorrow's trading session.
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