To: Proud_USA_Republican
It seems ridiculous that JPMorgan will get their hands on his building for a fraction of what it’s worth.
Corporate Welfare.
8 posted on
03/17/2008 11:00:56 PM PDT by
RegT
To: RegT
The building? Give me a break. They are assuming $385 billion in debts. Bear had $395 billion in assets as of the end of last year. The risk involved is at least $30 billion on the asset side off that gigantic see-saw might be only worth $20 billion.
10 posted on
03/17/2008 11:51:01 PM PDT by
JasonC
To: RegT
It seems ridiculous that JPMorgan will get their hands on his building for a fraction of what it’s worth. Corporate Welfare.Is not JPMorgan one of the owners of the FED bank of NY?
32 posted on
03/18/2008 8:30:15 AM PDT by
zeugma
(FedGov has no intention of actually doing anything to secure this nation. It's all a power grab.)
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