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Bears Stearn Acquired By JP Morgan for $2/share!!!
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03-16-2008, 06:03 PM
DateDoc
Outside looking in.
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Join Date: Feb 2005
Location: To Hell You Ride
Posts: 14,243
Quote:
Originally Posted by
TheSenator
There is no reason for the Fed to bail them out.
Here is a good reason why..
http://globaleconomicanalysis.blogsp...r-stearns.html
they do not need bailing out by the Fed anymore. JP Morgan has acquired them.
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