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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Too lazy to set a custom title
Industry Role:
Join Date: Oct 2007
Location: *UK/USA/Canada* ICQ : 494318698 Email:[email protected]
Posts: 10,180
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5th biggest USA investment bank sold for half the price of Adult Friend Finder !!!!
Go figure,
JPMorgan pays $236.2 million or $2 a share for Bear Stearns one of the usa,s oldest invesment banks and penthouse paid a reported $500 million for AFF ![]() maybe porn companies do have value ![]() just something to think about ! ![]()
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#2 |
Just Du It
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Join Date: Feb 2004
Posts: 12,094
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thought about it.. thanks!
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#3 |
Too lazy to set a custom title
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Join Date: Oct 2007
Location: *UK/USA/Canada* ICQ : 494318698 Email:[email protected]
Posts: 10,180
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banthis- and what was your conclusion
mine was maybe a few here could get together and buy a few banks ![]() Imagine the headline CrackHoes.Com and Associates purchase JPMorgan type of thing ![]() Hey in this world everything is possible ![]()
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#4 | |
Confirmed User
Join Date: Apr 2006
Location: Europe and SE US
Posts: 582
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Quote:
" Treasury Secretary Henry Paulson said on Sunday that talks about how to rescue Bear had continued throughout the weekend. He defended the Fed's bailout on Friday as "the right decision" and said the Bush administration was ready to take other actions to bring stability to the financial markets." (Source: CNN)
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Jenny Seemore Pornography is the bloody gladiator who stands guard over the First Amendment |
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#5 |
working on my tan
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Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,151
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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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#6 | |
Confirmed User
Join Date: Apr 2006
Location: Europe and SE US
Posts: 582
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Quote:
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Jenny Seemore Pornography is the bloody gladiator who stands guard over the First Amendment |
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#7 |
working on my tan
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Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,151
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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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#8 |
Too lazy to set a custom title
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L-Pink-Just four days ago Bear Stearns Chief Executive Alan Schwartz assured Wall Street that his company was not in trouble ....
I think thats the standard statement now taught at biz school and was shown at its best by the minister of info in iraq when the invasion took place ![]()
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#9 |
Too lazy to set a custom title
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Tommorow Bush will do a turn along the lines of "everythings fine it was a great biz deal for everyone and its good to see consolidation
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#10 |
working on my tan
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Misleading/lying to investors is a criminal offense.
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#11 |
working on my tan
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Join Date: Mar 2005
Location: Florida/Kentucky
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This from Bear Stearns homepage ........
"bear Stearns First Quarter Earnings Announcement Scheduled For March 17, 2008 Will Not Occur"
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#12 |
working on my tan
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The company sold for less than the annual amount of executive bonuses.
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#13 |
Confirmed User
Join Date: May 2005
Posts: 742
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Might wanna figure the 30 billion dollar credit line the gov extended them in addition to your figures before you spout stupid shit like AFF being favorabally valued vs bear stearns :P
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#14 |
lurker
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Join Date: Aug 2002
Location: atlanta
Posts: 57,021
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the market is going to dive tomorrow
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#15 |
Exploiting human weakness
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#16 | |
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Quote:
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I know that Asspimple is stoopid ... As he says, it is a FACT ! But I can't figure out how he can breathe or type , at the same time .... |
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#17 |
Confirmed User
Join Date: Feb 2008
Location: Dirty Jersey
Posts: 265
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Fellas and guess who is next on the list to fall
Short Lehman Bros, cause its going down next
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I think Big, I think Fast and I think Ahead ![]() |
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#18 |
Too old to care
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Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
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The company was going down and they got a bonus. Now that to me seems like a good job. Or criminal.
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#19 |
Too lazy to set a custom title
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Think about your comment GigoloMason .....the 30 billion is to cover some of thier debts and the sale price was $236 million
Now consider AFF sold for 500 million and it didnt need a urgent 30 billion loan to save it and you can see Bear Stearns is a dog with fleas ![]() If you see it any other way start looking to invest with them ![]()
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#20 |
Too lazy to set a custom title
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And the comparision with AFF and Bear Stearns was for total fun just to show you how the business world makes no sense at times
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