Ooops, perhaps Bear Stearns wasn't worthless

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: ,

posted by John Wilson @ 8:45 PM Permanent Link newsvine reddit



0 Comments:

Post a Comment

newsvine reddit

Links to this post:

Create a Link

<< Home