Mortgage
JPMorgan buys Bear Stearns for $2 a share
Submitted by loner on 17 March, 2008 - 10:05amJPMorgan buys Bear Stearns for $2 a share - JPMorgan Chase agreed to buy Bear Stearns, the stricken US investment bank, for $236m in shares as the Fed announced two further emergency moves aimed at stabilising financial markets [Financial Times - Financial Services]
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- 248 reads
Citic in talks to buy Bear stake
Submitted by loner on 18 October, 2007 - 12:43pmCitic in talks to buy Bear stake - China's Citic Bank is in talks to take a stake in Bear Stearns, a senior Communist party official has revealed [Financial Times - Financial Services]
- loner's blog
- 311 reads
BofA elaborates on Countrywide
Submitted by loner on 26 August, 2007 - 12:38amBofA elaborates on Countrywide - Bank of America has the right to match any buy-out offer for Countrywide Financial, according to a filing made as part of BofA's $2bn preferred share investment in the troubled mortgage lender [Financial Times - Financial Services]
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- 298 reads
Bear looks to China as crisis rolls on
Submitted by loner on 13 August, 2007 - 12:26amBear looks to China as crisis rolls on - The company's chief executive is planning to travel to China amid speculation about a possible joint venture with Citic, the state-owned financial conglomerate [Financial Times - Asia Pacific]
- loner's blog
- 315 reads
What did I say then?
* From: Konstantin Ryabitsev
* To: Development discussions...
