This morning here is a Yahoo headline:
"Bear Stearns may be attractive for JPM, BofA, HSBC"
NEW YORK (Reuters) - Banks including JPMorgan Chase, Bank of America and HSBC might be interested in buying Bear Stearns Cos at the right price, but there would be real obstacles to a deal happening anytime soon, analysts said.
Bear Stearns, the fifth largest Wall Street broker dealer by market value, has been cited as a potential takeover target after its leading position in mortgage trading has proven to be a liability as the subprime home loan market suffers from big delinquencies. Bear's shares have fallen 30 percent this year..."
etc. etc.
I don't believe these bastards...well, actually I do believe that they will go to any length, float any baseless rumor, lie and cheat and/or sell their mothers/daughters/sons into slavery to get their steaming turd banking stock positions to go up!!!
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