Rogers said months ago C is a buy at $5. That probably sounded like a joke to many people back then. With Bear going for $2. It doesnt sound so funny anymore..
He's right about the fed too, anything they do can only add to the volatility of the situation and cannot affect the ultimate outcome.....
One has to love Jimmie - I have yet to see him wear a regular tie? Has any one seeing Jim with regular long tie???
Jim Rogers Says Fed Support of Bear Stearns `Outrageous': Video http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vpsp3dpnTUuA.asf