Heh

Are you perhaps, my devoted Cake Eater readers, having a wee bit of trouble understanding just how the hell JP Morgan was able to pick up Bear Stearns for the bargain basement price of $230 million (when the Bear Stearns building in Manhattan is worth about a billion itself) or thereabouts?

Go here.

Instead of "RSG Investments" insert "Bear Stearns" and you'll be good to go.

You can thank me later.