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    Posted 2008-03-17 19:27:24 on JP Morgan Agees To Buy Bear Stearns In Stock Deal
    Deal Values Bear Stearns At $2 Per Share

    Houston, we have a problem - Bankruptcy!

    Jack: "What is happening in the US?! So, as we all know Bear Stearns more or less went bankrupt... Then JPMorgan buys them for 2 Dollars a share before the markets even open on monday! And the FED cuts rates by 0.25% on sunday?"

    John: "Oh, I guess you didn't get the memo? I think we just went bankrupt, those dollars you were using are now worthless, it's time to launch the lifeboats!"

    Jack: "Holly, Holly, Holly, John, we are 300 milles over Atlantic and without oxygen!"

    Duric Aljosa http://cromalternativemoney.org