It's hard to believe, but today is the four-year anniversary of J.P. Morgan Chase's deal to acquire ailing Bear Stearns for only $2 a share. One financial crisis and one European sovereign-debt crisis later, the S&P 500 is back above 1400 and looking to charge higher.
It's been just over five years since we last heard from investment banking giant Bear Stearns. As the financial crisis escalated, banks like Bear Stearns were dropping left and right. Even the survivors saw their stock prices plumme... Read Post
Forex Pros – pros – European stock markets were broadly higher on Tuesday, as shares in the financial sector advanced amid optimism that progress was being made to solve Greece’s sovereign debt crisis ahead of a crucial ... Read Post