While the nation was embroiled in the Spitzer scandal, a fire sale was in the works. JPMorgan Chase bought Bear Stearns for bupkas – $2 a share, to be exact – the latter having been hit big time by the sub-prime debacle and credit crunch. The Federal Reserve provided special financing for the deal, and […]

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It was all over so fast, like a winter storm that either sweeps up from the south to bite you in the bum or blows off the Great Lakes to smack you in the face. This time, a pile of snow dumped on Eliot Spitzer, Governor of New York and the bane of Wall Street. […]

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