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To: Ernest_at_the_Beach

The bloomberg article is from early today...the $2 is coming across all the wires and CNBC...at first I though someone left out a zero...so did the tv guys....but it’s no mistake...$2


25 posted on 03/16/2008 4:18:17 PM PDT by spyone
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To: spyone
OK,...Marketwatch has it now:

J.P. Morgan Chase to buy Bear Stearns for $2 a share

*************************EXCERPT**************

By Anne Stanley
Last update: 7:16 p.m. EDT March 16, 2008

J.P. Morgan Chase buys....

The Journal report quotes Treasury Deptartment spokeswoman Michele Davis as saying, "None of these things is done until they're done. But I think everyone's expectation is sometime in the early evening hopefully" the deal will be done.

31 posted on 03/16/2008 4:27:09 PM PDT by Ernest_at_the_Beach (No Burkas for my Grandaughters!)
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