Tuesday, March 25, 2008
Honey for the Bear
CNBC's is characterizing this morning's NYSE opening as "Jamie's Rally," in the wake of JP Morgan sweetening their bid for troubled financial institution Bear Stearns from $2 to $10 a share. JP Morgan CEO Jamie Dimon held a conference call on Sunday evening to tout the deal to American financial institutions.
Labels:
Bear Stearns,
Finance,
Jamie Dimon,
JP Morgan,
Wall Street
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