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Old 03-16-2008, 07:03 PM   #1
Sami
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AFF was sold for more than Bear and Sterns!

Wow....


AFF was sold for more than bear and sterns! $268 million dollar for bear!
AFF sold for $500?

Lars and his crew could have bought bear and sterns!
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Old 03-16-2008, 07:08 PM   #2
L-Pink
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JPMorgan's acquisition of Bear Stearns represents roughly 1 percent of what the investment bank was worth just 16 days ago. It marked a 93.3 percent discount to Bear Stearns' market capitalization as of Friday, and roughly a 98.8 percent discount to its book value as of Feb. 29.
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Old 03-16-2008, 07:10 PM   #3
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Woopppsss... lol
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Old 03-16-2008, 07:15 PM   #4
VIPimp
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nah baba
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Old 03-16-2008, 07:19 PM   #5
L-Pink
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Just four days ago Bear Stearns Chief Executive Alan Schwartz assured Wall Street that his company was not in trouble .... management needs investigated by the SEC and should face criminal charges and prison.
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Old 03-16-2008, 07:50 PM   #6
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Enron 2.0

Here we go.
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Old 03-16-2008, 07:53 PM   #7
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The company sold for less than the annual amount of executive bonuses.
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Old 03-16-2008, 08:59 PM   #8
dynastoned
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Originally Posted by L-Pink View Post
JPMorgan's acquisition of Bear Stearns represents roughly 1 percent of what the investment bank was worth just 16 days ago.
lol something stinks...
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Old 03-16-2008, 09:03 PM   #9
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lol something stinks...
Plus the federal reserve provided special financing ... translated this means JPMorgan was probably paid to make the deal.

Does this mean stockholders lost everything overnight?
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Old 03-16-2008, 09:29 PM   #10
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go conru , go conru!!!
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Old 03-16-2008, 10:39 PM   #11
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Plus the federal reserve provided special financing ... translated this means JPMorgan was probably paid to make the deal.

Does this mean stockholders lost everything overnight?
Thats exactully what it means!
Read the forums on yahoo... alot of suicide notes .. my prayers are with them.


This is wallstreet shafting the average joe at its best

These guys get away with it and someone with marijuana gets time in prison.


Its a messed up world we live in to say the least
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Old 03-16-2008, 10:41 PM   #12
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Was about to say wasnt there some 30 billion involved by the Government, aka our money.
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Old 03-16-2008, 10:50 PM   #13
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Thats exactully what it means!
Read the forums on yahoo... alot of suicide notes .. my prayers are with them.


This is wallstreet shafting the average joe at its best

These guys get away with it and someone with marijuana gets time in prison.


Its a messed up world we live in to say the least
Without breaking rules which forums?
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