C197 Short

No. 197 Short

If Bear Stearns's contract is not to become a pile of scrap paper, the Rose Fund may need to compromise at the right time and substantially discount the original price of $1.5 billion to $500 million or even $8 million. As a result, the real amount of the $1.5 billion in wealth on paper may only be $8 million.

Of course, even then, the Rose Fund could make a decent profit