JPMorgan to buy Bear for $2 a share

[Rugger08]

Kasz216 said:

That seems... bad.

Really bad.

Like... Great Depression bad.

Please say i'm overeacting.

 You are overreacting.

I feel bad for all the Bear Stearns employees who not only loose their jobs, but also 99% of the value of their company stock. I'm sure a lot of them have like half their retirement savings invested in the company.