JP Morgan Buys Bear Stearns
JP Morgan just announced a deal to buy Bear Stearns for $ 2/Share. Bear Stearns is a business that was trading at $ 150/Share about 2 years ago. This is just another symptom of how bad things are in the Financial World. I am truly worried about the future. I also see that in my present business interests and potential future business interests. I wonder when the next shoe will drop.