3/16/2008

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.

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