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Brokerage Stocks Nosedive On Bear Fallout »

Posted by: GraceCheng1 5 months, 3 weeks ago

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Everyone seems to have mixed opinions on whether or not JPMorgan Chase (JPM: 40.31 0.00 0.00%) got a good deal by paying only $2 a share for 85-year-old Bear Stearns (BSC: 4.81 0.00 0.00%). This valuation is at just 6% of its market value last Friday and a huge drop from its record share price

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