According to Yahoo Finance, there are 163.76 million outstanding shares of Bear Sterns. On May 7, 2007, Bear was trading at $158 or market cap of $25.874 billion . . . that's big. Wonder what Enron's market cap at it's zenith was ? we'll get back to that. Now, Bear Sterns is trading at $10.90 or a market cap of 1.785 billion or a loss of $24.089 . . . . gone to money heaven. Back to Enron, in Dec 2000 Enron's share price almost hit $85 (some sources say it's market cap was $65 billion). In 16 months it was gone . . . zero. I'm not sure if this is a fair comparison but it's still interesting, isn't it? and I haven't even brought up the subject of bond defaults, etc.
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