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| JPMorgan acquires troubled Bear | |
| 2008-03-17 | |
JPMorgan completes deal to acquire foundering Wall Street brokerage and stave off wider chaos in financial markets
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| Posted by:Fred |
| #4 $2 a share may be stealing - from JPMorgan - except WE are posting a $30 billion guarantee. |
| Posted by: Glenmore 2008-03-17 22:41 |
| #3 Six months ago they were at $150. I'm just hoping that the |
| Posted by: DMFD 2008-03-17 21:55 |
| #2 2 dollars a share in stock. It's stealing, They were at $84 a share on Friday but faced a run on the bank today that would a bankrupted them, so the Fed and J.P. Morgan stepped in to stop a total collapse. |
| Posted by: Sock Puppet of Doom 2008-03-17 13:23 |
| #1 Initial thoughts at Wall Street are that this was a good deal for JPM. Their (JPM) stock is up about 10% as of 1115am in an otherwise down market |
| Posted by: mhw 2008-03-17 11:44 |