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Well, it started yaers ago, but for some
reason at the start it was not as bad as most tought it would be.
I was just wondering because a few years ago
everyone was talking a more than 50% drop in the stock market, hundreds of banks
closing, people losing there houses and others things because they were
borrowing more than they could pay back, even in the best of times and so
on.
Will it be as bad as most thought it would
be?
It has become bad trouble later than most
thought. But will it be as bad as most thought?
I am thinking now. Probably
not.
Of course the news will make it sounds like
most didn't know this years ago or that it is a surprise.
Most knew this. But when it would come
to a head, and how bad it would be was the unknown.
Lots of times when the news says its
so. It is close to over.
Lets see over the 2 years or so.
I am not amazed about the trouble or problems
that are coming to a head now.
I am amazed that it took this long for it to show
its ugly head.
Probably if you read the news and news forums
the next few weeks, they will make it seem like it was a surpise?
----- Original Message -----
Sent: Sunday, March 16, 2008 8:18
PM
Subject: Re: [RT] TWO BUCKS a share!!!
JPMorgan Acts to Buy Ailing Bear Stearns at Huge Discount
This is just the beginning.
Time has been very telling...
--- LB
<nsite@xxxxxxxxxxxcom>
wrote:
> But will it be as serious as most thought it would
>
be?
> Probably not. Time will tell on that.
>
> -----
Original Message -----
> From: sue crew
> To: realtraders@yahoogroups.com
> Sent: Sunday, March 16, 2008 7:36 PM
> Subject: Re: [RT] TWO
BUCKS a share!!! JPMorgan
> Acts to Buy Ailing Bear Stearns at Huge
Discount
>
>
>
> Things are very serious
>
----- Original Message -----
> From: Deosaran Bisnath
> To: realtraders@yahoogroups.com
> Sent: Monday, March 17, 2008 10:27 AM
> Subject: [RT] TWO BUCKS
a share!!! JPMorgan Acts
> to Buy Ailing Bear Stearns at Huge
Discount
>
>
> JPMorgan Acts to Buy Ailing Bear Stearns at
Huge
> Discount
>
>
> By ANDREW ROSS SORKIN and
LANDON THOMAS Jr.
> Published: March 16, 2008
> Bear Stearns,
facing collapse because of the
> mortgage crisis, agreed Sunday evening
to be bought
> by JPMorgan Chase for a bargain-basement price of
>
less than $250 million, the two companies announced.
>
>
>
The all-stock deal values Bear Stearns at about
> $2 a share, based on
JPMorgan's closing stock price
> on Friday, the companies said. In
contrast, shares
> of Bear Stearns, which fell $27 on Friday, closed
at
> $30.
> A deal for Bear Stearns would end the
>
independence of one of Wall Street's most storied
> firms and help halt
a sweeping panic that set in at
> the end of last week, causing Bear
Stearns's stock
> to swoon 47 percent on Friday.
>
>
>
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>
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