JP Morgan is buying Bear Stearns for $2 a share: http://money.cnn.com/2008/03/16/news/companies/jpmorgan_bear_stearns/index.htm?postversion=2008031622
The Fed cut its rate over the weekend by a quarter percent: http://money.cnn.com/2008/03/16/news/economy/fed_creditcrisis.ap/index.htm?postversion=2008031621 The Nikkei 225 is currently down over 3%. "It is enough to mention the commercial crises that by their periodical return put the existence of the entire bourgeois society on its trial, each time more threateningly." -- Karl _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
