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Banking Crisis 2008: Repricing the bank take-over candidates

Started by tfn · 1 year ago

by J. Christoph Amberger
Baltimore — (TFN): After trading for over $100 a share, investment bank Bear Stearns recently sold out to JPMorgan for the firesale price of $2 a share — less than a bottle of water. Less than the value of its New York headquarters.
The deal could provide new leverage for the prospective buyers of other distressed ... Continue reading »

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