Here’s the investment advice from this spokesman for the establishment on March 11:
“Dear Jim: Should I be worried about Bear Stearns in terms of liquidity and get my money out of there? –Peter
Cramer says: “No! No! No! Bear Stearns is not in trouble. If anything, they’re more likely to be taken over. Don’t move your money from Bear.” (Via Drudge)
12:40 pm on March 17, 2008