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<p>[QUOTE="desertgem, post: 3201502, member: 15199"]Well I admit like others , I thought wow, I wished I could get that bargain, and initially so did JPM, but it didn't work out like that.....and arguably JPM made little in the long run. Here is a fairly accurate account of how it occurred, and there are similar from most of the financial news service.</p><p><a href="https://www.cnbc.com/2018/03/14/a-decade-after-its-fire-sale-deal-for-bear-a-look-at-what-jp-morgan-got-in-the-bargain.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.cnbc.com/2018/03/14/a-decade-after-its-fire-sale-deal-for-bear-a-look-at-what-jp-morgan-got-in-the-bargain.html" rel="nofollow">https://www.cnbc.com/2018/03/14/a-decade-after-its-fire-sale-deal-for-bear-a-look-at-what-jp-morgan-got-in-the-bargain.html</a></p><p><br /></p><p>I had some JPM stock and it got too scary for me so I bailed rather than worrying long run rather it would work out or not. That then brought on intense regulation which limited excesses during the following decade. Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 3201502, member: 15199"]Well I admit like others , I thought wow, I wished I could get that bargain, and initially so did JPM, but it didn't work out like that.....and arguably JPM made little in the long run. Here is a fairly accurate account of how it occurred, and there are similar from most of the financial news service. [url]https://www.cnbc.com/2018/03/14/a-decade-after-its-fire-sale-deal-for-bear-a-look-at-what-jp-morgan-got-in-the-bargain.html[/url] I had some JPM stock and it got too scary for me so I bailed rather than worrying long run rather it would work out or not. That then brought on intense regulation which limited excesses during the following decade. Jim[/QUOTE]
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