Tuesday, March 25, 2008
Thursday, March 20, 2008
Wednesday, March 19, 2008
MORGAN BAGS THE BEAR
"JP Morgan has just announced that they are going to buy Bear Stearns at $2 per share. Bear Stearns stock closed at $30 on Friday and at $57 on Thursday. Which means JP Morgan is not paying a premium to market. They are paying a 93% discount to market.
. . .the New York teachers and public employees invested $59 million in Bear Stearns and their investment is now worth $1.9MM, a loss of $57 million."
-Catherin Austin Fitts
"JP Morgan has just announced that they are going to buy Bear Stearns at $2 per share. Bear Stearns stock closed at $30 on Friday and at $57 on Thursday. Which means JP Morgan is not paying a premium to market. They are paying a 93% discount to market.
. . .the New York teachers and public employees invested $59 million in Bear Stearns and their investment is now worth $1.9MM, a loss of $57 million."
-Catherin Austin Fitts
Monday, March 17, 2008
Sunday, March 9, 2008
Wednesday, March 5, 2008
In 2003, Catherine published an article, Solari & the Rise of the Rule of Law. In response to requests from readers regarding what has caused and how bad is the current crisis, we are re-publishing Part IX. - Macroeconomic & Risk Issues on the blog. . . . .
How Bad Is the Current Crisis
How Bad Is the Current Crisis
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