Date: March 27th, 2008

One foot in the Bear trap: Part 2, all better now?

27 March, 2008 (10:00) | Credit, Markets, Subprime, US News | No comments

[Continued from yesterday’s Part 1.]

Symbols of fidelity and chastity abound
 
Yesterday’s post covered the basics of the JP Morgan Chase/ Bear Stearns shotgun wedding, and the sudden discovery that JP Morgan had paid over the dowry before the vows were exchanged.  Thus, as reported in The New York Times, Morgan had to boost its price, and […]