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by dsacco
3385 days ago
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I suppose "the market" was collectively looking the other way for Bear Stearns in January 2007, when it closed on a record high? What was the market signaling about Enron in September 2000, little over a year before it collapsed? Share prices can be fantastic while a company is horribly, even comically mismanaged. They soar right up until they don't. |
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