5th biggest USA investment bank sold for half the price of Adult Friend Finder !!!!

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  • Domain Diva
    Too lazy to set a custom title
    • Oct 2007
    • 10180

    #1

    5th biggest USA investment bank sold for half the price of Adult Friend Finder !!!!

    Go figure,


    JPMorgan pays $236.2 million or $2 a share for Bear Stearns one of the usa,s oldest invesment banks and penthouse paid a reported $500 million for AFF

    maybe porn companies do have value

    just something to think about !

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  • Fap
    Just Du It
    • Feb 2004
    • 12094

    #2
    thought about it.. thanks!

    Comment

    • Domain Diva
      Too lazy to set a custom title
      • Oct 2007
      • 10180

      #3
      banthis- and what was your conclusion

      mine was maybe a few here could get together and buy a few banks

      Imagine the headline

      CrackHoes.Com and Associates purchase JPMorgan type of thing

      Hey in this world everything is possible

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      Comment

      • Jenny S.
        Confirmed User
        • Apr 2006
        • 582

        #4
        Originally posted by Claire.XXXBiz TV
        banthis- and what was your conclusion

        mine was maybe a few here could get together and buy a few banks

        Imagine the headline

        CrackHoes.Com and Associates purchase JPMorgan type of thing

        Hey in this world everything is possible
        Nahh, not everything, as far as I can see they purchased the bargain with your and my money, ie taxpayer's cash. It's a Federal bail-out, rewarding those with tax-$$$ who created the crisis in the first place, made Billions, and now cry poor to the Feds.

        " Treasury Secretary Henry Paulson said on Sunday that talks about how to rescue Bear had continued throughout the weekend. He defended the Fed's bailout on Friday as "the right decision" and said the Bush administration was ready to take other actions to bring stability to the financial markets." (Source: CNN)
        Jenny Seemore
        Pornography is the bloody gladiator who stands guard over the First Amendment

        Comment

        • L-Pink
          working on my tan
          • Mar 2005
          • 39151

          #5
          JPMorgan's acquisition of Bear Stearns represents roughly 1 percent of what the investment bank was worth just 16 days ago. It marked a 93.3 percent discount to Bear Stearns' market capitalization as of Friday, and roughly a 98.8 percent discount to its book value as of Feb. 29.

          Comment

          • Jenny S.
            Confirmed User
            • Apr 2006
            • 582

            #6
            Originally posted by L-Pink
            JPMorgan's acquisition of Bear Stearns represents roughly 1 percent of what the investment bank was worth just 16 days ago. It marked a 93.3 percent discount to Bear Stearns' market capitalization as of Friday, and roughly a 98.8 percent discount to its book value as of Feb. 29.
            Uhh! That sounds like "a heck of a deal". Heck of a job, too.
            Jenny Seemore
            Pornography is the bloody gladiator who stands guard over the First Amendment

            Comment

            • L-Pink
              working on my tan
              • Mar 2005
              • 39151

              #7
              Just four days ago Bear Stearns Chief Executive Alan Schwartz assured Wall Street that his company was not in trouble .... management needs investigated by the SEC and should face criminal charges and prison.

              Comment

              • Domain Diva
                Too lazy to set a custom title
                • Oct 2007
                • 10180

                #8
                L-Pink-Just four days ago Bear Stearns Chief Executive Alan Schwartz assured Wall Street that his company was not in trouble ....

                I think thats the standard statement now taught at biz school and was shown at its best by the minister of info in iraq when the invasion took place

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                Comment

                • Domain Diva
                  Too lazy to set a custom title
                  • Oct 2007
                  • 10180

                  #9
                  Tommorow Bush will do a turn along the lines of "everythings fine it was a great biz deal for everyone and its good to see consolidation

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                  Comment

                  • L-Pink
                    working on my tan
                    • Mar 2005
                    • 39151

                    #10
                    Misleading/lying to investors is a criminal offense.

                    Comment

                    • L-Pink
                      working on my tan
                      • Mar 2005
                      • 39151

                      #11
                      This from Bear Stearns homepage ........

                      "bear Stearns First Quarter Earnings Announcement Scheduled For March 17, 2008 Will Not Occur"

                      Comment

                      • L-Pink
                        working on my tan
                        • Mar 2005
                        • 39151

                        #12
                        The company sold for less than the annual amount of executive bonuses.

                        Comment

                        • GigoloMason
                          Confirmed User
                          • May 2005
                          • 742

                          #13
                          Might wanna figure the 30 billion dollar credit line the gov extended them in addition to your figures before you spout stupid shit like AFF being favorabally valued vs bear stearns :P

                          Comment

                          • tony299
                            lurker
                            • Aug 2002
                            • 57021

                            #14
                            the market is going to dive tomorrow

                            Comment

                            • VikingMan
                              Exploiting human weakness
                              • Jan 2008
                              • 6873

                              #15
                              Originally posted by tony404
                              the market is going to dive tomorrow
                              Really? Mr Potato Head is asleep and he is dreaming of his 401k growing into enough so he can retire with a fishing boat installed with a dish and plasma. Gotta keep up on those sports scores don't cha know!

                              Comment

                              • directfiesta
                                Too lazy to set a custom title
                                • Oct 2002
                                • 30239

                                #16
                                Originally posted by L-Pink
                                Just four days ago Bear Stearns Chief Executive Alan Schwartz assured Wall Street that his company was not in trouble ....
                                management needs investigated by the SEC and should face criminal charges and prison.
                                I know that Asspimple is stoopid ... As he says, it is a FACT !

                                But I can't figure out how he can breathe or type , at the same time ....

                                Comment

                                • TheAgent
                                  Confirmed User
                                  • Feb 2008
                                  • 265

                                  #17
                                  Fellas and guess who is next on the list to fall

                                  Short Lehman Bros, cause its going down next
                                  I think Big, I think Fast and I think Ahead

                                  Comment

                                  • Paul Markham
                                    Too old to care
                                    • Jun 2001
                                    • 52942

                                    #18
                                    Originally posted by L-Pink
                                    The company sold for less than the annual amount of executive bonuses.
                                    The company was going down and they got a bonus. Now that to me seems like a good job. Or criminal.



                                    Blowout deal. 880 videos, 2,400 image sets, plus many RAW videos. $500.
                                    PM me for a deal. Skype Paulmarkham70

                                    Comment

                                    • Domain Diva
                                      Too lazy to set a custom title
                                      • Oct 2007
                                      • 10180

                                      #19
                                      Think about your comment GigoloMason .....the 30 billion is to cover some of thier debts and the sale price was $236 million

                                      Now consider AFF sold for 500 million and it didnt need a urgent 30 billion loan to save it and you can see Bear Stearns is a dog with fleas

                                      If you see it any other way start looking to invest with them

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                                      Comment

                                      • Domain Diva
                                        Too lazy to set a custom title
                                        • Oct 2007
                                        • 10180

                                        #20
                                        And the comparision with AFF and Bear Stearns was for total fun just to show you how the business world makes no sense at times

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