April 04, 2008
– Comments (3)
Bespoken has a piece about the buyout where JP has disclosed buying 11 million Bear Stearn shares for $12.24/share. It looks like they plan to continue buying until they get 49.5%.
they are buying bear with the money that i'm about to send uncle sam in the coming week.
my tin-foil hat meter in regards to banks is at an all-time high right now. I'm seriously about to go survivalist over here.
Well, it's only logical that the Central Bank would take care of its own. Was that so hard to figure?
They didn't Cherry pick the assetts because the Fed had already done so?