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Re: Bear Stearns Collapse
#6
Quite a regular
Quite a regular


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And isn't it convenient that after Visa's IPO, JP Morgan Chase more than recouped the price they paid for Bear Stearns???

Posted on: 2008/3/19 16:53
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Re: Bear Stearns Collapse
#5
Home away from home
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This is NOT a done deal by any stretch. If BSC was bought for $2 a share, why did the share price never hit that? It traded at 4x that today. Something is up here and it will all come out soon enough.

Posted on: 2008/3/19 4:49
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Re: Bear Stearns Collapse
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From Van Vorst
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Quote:

HudsonRiverView wrote:
It took a lot more than 3 days...


Agreed. BearStearns was sold to JP for $2 a share. As ludicrous as that sounds, it was even more ludicrous that Bear was trading at >$150 within the past year. The level of risk that the firm undertook was never factored into its valuation.

But then that was the whole problem with mortgage securities, wasn't it?

Posted on: 2008/3/18 2:55
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Re: Bear Stearns Collapse
#3
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It took a lot more than 3 days...

Oh well...

Posted on: 2008/3/17 19:21
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Re: Bear Stearns Collapse
#2
Just can't stay away
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next to go, lehman bros.

Posted on: 2008/3/17 16:56
Come on and rock me Amadeus
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Bear Stearns Collapse
#1
Home away from home
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From Van Vorst Park
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in three days....scary.....any thoughts...

Posted on: 2008/3/17 16:54
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