3 ms·

Unfortunately for Bear these emergency mearures were only enacted today, and Bear needed the money on friday. Lousy timing...

• dpapathanasiou 19y ago
  Well, the sale to JPM was probably already a done deal at that point. It seems these measures are because there are probably other Bears out there, but not enough JPMs to save them all.
  • mixmax 19y ago
    I'm pretty sure that the sale wasn't a done deal on friday. The problem didn't get serious until friday morning, and thursday I think that nobody even suspected a firesale. Unrelated: what does your username mean? Is it a greek last name, something else, or just a random sequence of letters? Just curious...
    • dpapathanasiou 19y ago
      I'm pretty sure that the sale wasn't a done deal on friday. The problem didn't get serious until friday morning, and thursday I think that nobody even suspected a firesale. Take a look at this timeline: http://online.wsj.com/article/SB120580966534444395.html?mod=hps_us_inside_today http://online.wsj.com/article/SB120580966534444395.html?mod=... Unrelated: what does your username mean? Is it a greek last name, something else, or just a random sequence of letters? Just curious... It's my first initial and last name (which, yes, is of Greek origin). Any more questions, Mr. Ixmax? ;)
      • mixmax 19y ago
        Ha ha, yes I'm sure I can think of something - your record for getting answers is pretty good ;-)