Ooops, perhaps Bear Stearns wasn't worthless Monday, March 17, 2008
Alea points out that the market value of JP Morgan has gone up by $11bn since buying Bear Stearns - almost the previous book value of Bear Stearns. Certainly more than the $236m it paid.
Labels: bear stearns, jp morgan
posted by John Wilson @ 8:45 PM Permanent Link
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