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JPMorgan to buy Bear for $2 a share

Discussion in 'Money Talk$' started by KenH, Mar 16, 2008.

  1. KenH

    KenH Active Member

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  2. TomVols

    TomVols New Member

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    Interesting debate between Wharton's Jeremy Siegel and CNN's Lou Dobbs on this. Dobbs was frustrated be Siegel's attempt at logical analysis and his failure to join Dobbs & Clinton econ advisor Gene Spurling's Nanny-state rhetoric.

    Obama today said he thought Wall Street was on "the brink of trobling times."

    YA THINK?!? :laugh:

    I believe it's a reslient sign that the Dow closed UP today despite all this. No question the markets believe a 50 - 75b rate cut in the Fed prime rate is coming.
     
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