AI
Sunday, September 28, 2008 1:01:19 PM
Watch out JPM, king of the street
picking so much cheap assets, already owning Bear Stearns' assets, picked up WM's deposits for $1.5B, just pennies on the dollar. JPM surged 11% on Friday. WFC surged as well as it is expected it will be called upon to 'assist' with another bank this weekend, picking up some great assets for nothing.
picking so much cheap assets, already owning Bear Stearns' assets, picked up WM's deposits for $1.5B, just pennies on the dollar. JPM surged 11% on Friday. WFC surged as well as it is expected it will be called upon to 'assist' with another bank this weekend, picking up some great assets for nothing.
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