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John Hussman

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Viewpoint: Bear Stearns and a Crisis Averted — But For How Long? HW+

Mar 18, 2008By

There has been a ton of discussion around the collapse-that-wasn’t at Bear Stearns over the weekend and the investment bank’s subsequent fire sale to JPMorgan Chase & Co., but much of the market chatter seems to be missing a much larger point. In a nutshell: it’s the underlying assets, stupid!

3d rendering of a row of luxury townhouses along a street

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