Category Archives: Banking

Banking

JP Morgan Raises Bid –

Posted on 24. March 2008 by Jim Sutliff

JP Morgan has raised its offer to almost $10 dollars a share for Bear Stearns.  This is mainly to overcome the obstacle of shareholder resistance to the initial bid.  It has been reported that Bear Stearns is actually worth almost … Continue reading →

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S & P May Downgrade –

Posted on 22. March 2008 by Jim Sutliff

Standard and Poor’s may downgrade several banks in the near future.  Goldman Sachs and Lehman Brothers are two banks that are frequently mentioned as possible downgrades.  The ratings agency downgraded Merril Lynch in October and will may downgrade Morgan Stanley … Continue reading →

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