…for the credit crisis. In the latest of the bad news,
JP Morgan to by Bear Sterns for $2 a share which totals to just $236 mil. Friday it closed at $30 which already lost 48% for the day. And it’s 52 week high is $159. That’s a loss of
$157 in less than 12 months.
1 comment:
Here is a link to a related article from the NY Post:
http://www.pressdisplay.com/pressdisplay/showlink.aspx?bookmarkid=MQUL9U1VR938&preview=article&linkid=6d4b03e5-c53c-47c4-9cd8-99bc8cb3f1fa&pdaffid=ZVFwBG5jk4Kvl9OaBJc5%2bg%3d%3d
Best regards,
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