AFF was sold for more than Bear and Sterns!

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  • Sami
    Confirmed User
    • Mar 2004
    • 2047

    #1

    AFF was sold for more than Bear and Sterns!

    Wow....


    AFF was sold for more than bear and sterns! $268 million dollar for bear!
    AFF sold for $500?

    Lars and his crew could have bought bear and sterns!

    ServerProvider.com


    ICQ#: 311-848-143
  • L-Pink
    working on my tan
    • Mar 2005
    • 39151

    #2
    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

    • munki
      Do Fun Shit.
      • Dec 2004
      • 13393

      #3
      Woopppsss... lol

      I have the simplest tastes. I am always satisfied with the best.” -Oscar Wilde

      Comment

      • VIPimp
        Marina WILL have my babies!
        • May 2003
        • 9234

        #4
        nah baba

        Comment

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

          #5
          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.

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          • Sami
            Confirmed User
            • Mar 2004
            • 2047

            #6
            Enron 2.0

            Here we go.

            ServerProvider.com


            ICQ#: 311-848-143

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

              #7
              The company sold for less than the annual amount of executive bonuses.

              Comment

              • dynastoned
                mmm yeah!
                • Feb 2005
                • 5061

                #8
                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.
                lol something stinks...

                Comment

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

                  #9
                  Originally posted by dynastoned
                  lol something stinks...
                  Plus the federal reserve provided special financing ... translated this means JPMorgan was probably paid to make the deal.

                  Does this mean stockholders lost everything overnight?

                  Comment

                  • appleboy
                    Confirmed User
                    • Jun 2002
                    • 291

                    #10
                    go conru , go conru!!!

                    Comment

                    • Sami
                      Confirmed User
                      • Mar 2004
                      • 2047

                      #11
                      Originally posted by L-Pink
                      Plus the federal reserve provided special financing ... translated this means JPMorgan was probably paid to make the deal.

                      Does this mean stockholders lost everything overnight?
                      Thats exactully what it means!
                      Read the forums on yahoo... alot of suicide notes .. my prayers are with them.


                      This is wallstreet shafting the average joe at its best

                      These guys get away with it and someone with marijuana gets time in prison.


                      Its a messed up world we live in to say the least

                      ServerProvider.com


                      ICQ#: 311-848-143

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                      • After Shock Media
                        It's coming look busy
                        • Mar 2001
                        • 35299

                        #12
                        Was about to say wasnt there some 30 billion involved by the Government, aka our money.

                        [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected]

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

                          #13
                          Originally posted by Sami
                          Thats exactully what it means!
                          Read the forums on yahoo... alot of suicide notes .. my prayers are with them.


                          This is wallstreet shafting the average joe at its best

                          These guys get away with it and someone with marijuana gets time in prison.


                          Its a messed up world we live in to say the least
                          Without breaking rules which forums?

                          Comment

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