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Wall Street Pranksters Admit to $2 Bear Stearns Gag 15 Years Later

From bnnbloomberg.ca

Fifteen years after the collapse of Bear Stearns Cos., one of the final mysteries shrouding the demise of the Wall Street behemoth has finally been solved. The night JPMorgan Chase & Co. agreed to buy the bank for $2 a share, a $2 bill was taped to the revolving door of Bear Stearns’s headquarters — a prank that created one of the defining images of the financial crisis. But the people behind it remained a secret. Dealbreaker was the first to publish the image, and Gawker quickly followed, describing it as “an editorial comment from an unknown Bear Stearns employee” on the risible sale price for a one-time ... (full story)

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