Archive for the 'white men with money' Category

Investment firms finish deal swapping stake in Bear Stearns for JPMorgan stock, buyout approval looms

Investment firms finish deal swapping stake in Bear Stearns for JPMorgan stock, buyout approval looms
Bear Stearns’ stock swap complete - Investment firms finish deal swapping stake in Bear Stearns for JPMorgan stock; buyout approval still looms.
Bear Stearns Cos. has completed its sale of a 39.5% stake to JPMorgan Chase & Co. for about $10 per [...]

Betting not only money issue surrounding March Madness, NCAA Basketball Championship

Betting not only money issue surrounding March Madness, NCAA Basketball Championship
 Ten Money Lessons From March Madness. Betting isn’t the only money issue surrounding March Madness, the NCAA Division 1 Men’s Basketball Championship.
The traits of the tournament’s best teams can make your personal finances worthy of winning a trophy.
Here are lessons about money you can learn [...]

JPMorgan bids for Bear Stearns and Raises Bear Stearns Offer

JPMorgan bids for Bear Stearns and Raises Bear Stearns Offer
Well. According to Reuters and other sources, JPMorgan is readying to quintuple its bid for Bear Stearns, from $2 a share to $10. This should make crybaby shareholders like Jimmy Cayne and British billionaire Joseph C. Lewis — who said last week that he’d block a [...]

Struggle for Bear Stearns’ emotion, and Sixth Day-Three Stories

Struggle for Bear Stearns’ emotion, and Sixth Day-Three Stories
It’s been two days since Bear Stearns was sold in a fire sale to JPMorgan, and things are still messy and emotional. Whose fault was all of this, and if it’s no one’s fault, whom can we blame? What will happen next? And what will the impact [...]