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Examples
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Bear Stearns was rescued from bageldom when JPMorgan bought it at a fire-sale price with the help of the Federal Reserve.
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For the sake of open-mindedness, I've given other places a fair shake, but long ago concluded that Absolute's perfectly sized, exquisitely textured, delicately flavored starchy rounds are the alpha and omega of Morningside bageldom.
The Bwog 2008
chained_bear commented on the word bageldom
"When Lehman ended its 14-year-run as a public company with a bagel (a stock worth zero), some $45 billion in shareholder value had been destroyed. The other capers didn't end much better for shareholders. Bear Stearns was rescued from bageldom when JPMorgan bought it at a fire-sale price with the help of the Federal Reserve."
—Daniel Gross, "Wall Street's Fishbowl," Newsweek, Feb. 8, 2010, p. 19
February 17, 2010
reesetee commented on the word bageldom
Sounds almost tasty, unfortunately.
February 18, 2010