Tilted Forum Project Discussion Community - View Single Post - JP Morgan/Chase Buys Bear Stearns For $2 a share and Fed Protection Against Losses

Yakk · 03-17-2008, 10:25 AM

I've been expecting at least a few firms to die from over purchase of bad mortgage-backed securities.

Bear Sterns in particular wasn't an apparently healthy company.

Note that it is in the financial interest of someone in a bear market position to encourage the perception of a bear market.

03-17-2008, 10:25 AM	#19 (permalink)
Yakk Wehret Den Anfängen! Location: Ontario, Canada	I've been expecting at least a few firms to die from over purchase of bad mortgage-backed securities. Bear Sterns in particular wasn't an apparently healthy company. Note that it is in the financial interest of someone in a bear market position to encourage the perception of a bear market. __________________ Last edited by JHVH : 10-29-4004 BC at 09:00 PM. Reason: Time for a rest.