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Dot Con Bubble, v.1.1

December 20th, 2007 · No Comments

There isn’t much to say after watching this video.

I'm shocked
Your jaw is just too low on the floor to speak.

Bear Stearns writes down $1.9B.
Morgan Stanley writes down $9.4B and sells a stake to China.
Citigroup writes down $17.8B over 2 quarters and sells a stake to Gulf Arab emirate of Abu Dhabi.
Merrill Lynch writes down $10B and sells a stake to Singapore.

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