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can someone explain how jpm got $2?

Started by cherbert · 1 year ago

At first I thought it was a typo by a hurried reporter….$2/share for Bear Stearns? The thing was trading at like $65 a few days ago. It closed at $30 on Friday.

My first reaction is that due diligence must have turned up some evidence of fraud. But the stories at wsj and […] ... Continue reading »

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