A Review of Bear Stearns Collateral

by Johnny Debacle

We thought it might be helpful to our readers and subscribers to review the collateral that currently underpins some of Bear Stearns “assets”.

Doesn’t look bad from far away. Definitely some promise. Let’s get a closer look.

Again not so bad, am I right? This whole thing is overblown.

Does anyone know Russian? Looks like a friendly welcoming sign that points out that they want YOU to come into their town.

A ferris wheel! Fun! And conveniently located next to the 3HEPEAMUK building.

A little landscaping, some paint, a geiger counter or two…

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