View Full Version : Bear Sterns is only the first
dont know if this has been covered, but isn't it strange that a Morgan bank was in a solid position to buy Bear Stearn's for next to free?
i think we're facing big time consolidation to the point of, no way out. no anti-trust possible from a broke government.
forsmant
03-20-2008, 07:53 PM
The investment banks like bear cannot compete with Freddie and Fannie.
rodo1776
03-20-2008, 07:56 PM
Rhys, Absolutely right. We are in for years of slow growth, Stock market way down (diversify everyone in your 401K) Like cash for example.
We Will have a bull market for a month or two then down down down.
Good luck to all in finances.
GoPaul08
03-21-2008, 02:01 AM
It is great that you think that you are an expert on this.
Andrew76
03-21-2008, 02:15 AM
It is great that you think that you are an expert on this.
God, could you at least mask you troll-ness a little bit? Seriously, this is like the 8th post of yours tonight that adds nothing of value to the discussion, but instead just a negative troll post. What are you doing here?
thuja
03-21-2008, 03:41 AM
hope someone posts here if they hear of the next one, in advance.
maybe chase is buying wamu next. wonder if that will prevent anything except some jobs.
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