Bear Stearns Sold!!!!!!!
JPMORGAN CHASE (MY COMPANY)
just bought BEAR STEARNS for $2 a share! no thats not a typo two dollars per share. THE BEST THING IS.......BERNANKE GAVE JPMORGAN A 30 BILLION DOLLAR GET OUT OF DEBT FREE CARD! YARD SALE! bear stearns can lose up to 30 billion and jpmorgan isnt liable for a penny of it! the fed is footing the bill!!!
96% percent discount AND $30 billion we dont have to worry about, im gonna send jaime dymon (CEO) an email tomorrow and ask him to tag along when i go buy a car!!!
oh yea the asian markets are down an average of 3.5% or so, so dont expect any big rally tomorrow