To: TigerLikesRooster
If I knew the Fed would give me $250 million to buy Bear, I’d have applied for the deal!
4 posted on
03/17/2008 10:44:02 PM PDT by
2ndDivisionVet
(http://www.fourfriedchickensandacoke.blogspot.com)
To: 2ndDivisionVet
Then skim $5 million and run. Don't be greedy and run off with the entire $250 million.:-)
5 posted on
03/17/2008 10:48:35 PM PDT by
TigerLikesRooster
(kim jong-il, chia head, ppogri, In Grim Reaper we trust)
To: 2ndDivisionVet
Yeah well, the estimated legal fees alone to handle the whole mess, clock it at $6 billion.
Still Morgan got a deal. Their stock is up almost $10 billion on the news - the market's best guess as to what Bear will really be worth, shorn of its financial distress.
9 posted on
03/17/2008 11:48:34 PM PDT by
JasonC
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