finance
“Bear Stearns is fine, do not take your money out.”
❌False— Resolved June 10, 2026
How we verified this claim▾
Bear Stearns collapsed days after this statement and was acquired by JPMorgan Chase for $2/share. One of the most infamous wrong calls in financial media history.
How we reached this verdict▾
Bear Stearns collapsed days after this statement and was acquired by JPMorgan Chase for $2/share. One of the most infamous wrong calls in financial media history.
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