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March 17, 2008
Reputational assets
And by the way, on the Bear Stearns deal -- what does it say about reputation as an asset when a $150 per share company (which is what it was this time last year) can get bought for $2 a share. When the death spiral hits, reputation and other intangibles can vanish – just like the value of those supposedly more solid financial assets that Bear Stearns was holding.
Posted by Ken Jarboe at March 17, 2008 11:08 AM
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