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The Wall Street Archives on Instagram: "Jim Cramer broke character. The market had already broken. On live CNBC, Jim Cramer openly panicked, pleading with Ben Bernanke and the Federal Reserve to act faster as Bear Stearns collapsed in real time. Bear Stearns stock fell 93% in less than a year, from ~$170 in 2007 to $2 per share in JPMorgan’s emergency takeover. The repo market was freezing, interbank lending was seizing up, and Wall Street firms were funding long-term assets with overnight money
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