Eleven Years in the Making: Breaking Even on JPMorgan’s Purchase of Bear Stearns

Discussion in 'Wall St. News' started by ETJ, Dec 26, 2019.

  1. newwurldmn

    newwurldmn

    No. They screwed up some of the legal language around their guarantee of the debt. There were no other bidders as JPM had secured backstops from the Fed.
     
    #11     Dec 26, 2019
    murray t turtle likes this.
  2. zdreg

    zdreg

    Who can disagree with a blame the lawyers' scenario?
     
    #12     Dec 26, 2019
  3. newwurldmn

    newwurldmn

    Certainly not Jamie. Their head general counsel “retired” a month later.
     
    #13     Dec 26, 2019
    murray t turtle likes this.
  4. ironchef

    ironchef

    In life, timing is everything.
     
    #14     Dec 27, 2019
    Nobert likes this.
  5. zdreg

    zdreg

    Here is the quote from famous football vince lombardi: winning isn't everything. It is the only thing.
    My corollary is timing isn't everything. It is the only thing.
     
    #15     Dec 27, 2019
    Nobert likes this.
  6. Nobert

    Nobert

    When one is late to do the right thing.

    giphy.gif
     
    #16     Dec 27, 2019
    zdreg likes this.
  7. zdreg

    zdreg

    Is that a video of a typical day trader?:)
     
    #17     Dec 27, 2019
  8. Nobert

    Nobert

    My shot would be, - period, prior to breaking even,

    so yes :rolleyes:

    ( by any means i didn't had you in mind, damn, now gave a second look and it might look at first so, nah, it's all about timing in general, still, honestly, one could think so, cuz you wrote after ironchef did, so it sorta looks like that)

    Nah, had beginners in mind that miss timing, so the mental stop instead of 5% - becomes 20%.

    And i like guys reaction on the right.
     
    Last edited: Dec 27, 2019
    #18     Dec 27, 2019
  9. zdreg

    zdreg

    Coincidental with no correlation. It is the same as following your post.:D
     
    #19     Dec 27, 2019
    Nobert likes this.