By now you’ve probably heard about Bear Stearns. The company, which had traded as high as $159 a share in the past year, collapsed and was sold off to JP Morgan for two dollars a share. One person who did NOT see this coming was financial expert Jim Cramer. Faith shares a perplexing audio clip from this CNBC “expert.”
The story you just read is not locked behind a paywall because listeners and readers like you generously support our nonprofit newsroom. Now more than ever, we need your help to support our global reporting work and power the future of The World. Can we count on you?