24Mar/080
JPMorgan May Increase Bear Stearns Bid from $2 to $10 a Share
Posted on Mar 24th, 2008 @ 2:21 am by CY
Why would JPMorgan pay more when it can buy Bear Stearns for its original bid of $2 a share? This is very strange and beyond my understanding as to why JPMorgan is bidding against ”itself” So far, none of the other big banks are interested in buying BSC. I believe there is some shady business going on here.
Tagged as: bailing, bear stearns, jpmorgan, pump and dump