Quotes of the Day

People walk out of Bear Stearns headquarters March 24, 2008 in New York City. A new agreement will give Bear Stearns shareholders ten dollars per sare, five times the payout outlined in a JPMorgan Chase & Co. buyout deal last week.
Tuesday, Mar. 25, 2008

Open quote It's sort of like, heads you win, tails the Fed picks up the pieces. Close quote

  • JOSH LERNER
  • Harvard finance professor, on financial firms that consistently make high-risk investments
Photo: Chris Hondros / Getty Images | Source: L.A. Times