I just saw the news that JP Morgan Chase is buying Bear Sterns for all of $240 million which is about $2 per share. That’s a bargain basement price considering that the stock closed at $30 on Friday.
The news has caused Asian stocks to tumble. Is this another buying opportunity?
Technorati Tags: JP Morgan, Bear […]
Warren Buffett tops the Forbes list of billionaires this year as the richest man in the world. If you are a fan of his, you will enjoy reading the latest 2007 Berkshire Hathaway annual report.
The top 3 people on the billionaire list are estimated to be worth $62 billion, $60 billion and $58 billion, respectively. […]
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