Ockham Research Staff @ September 15, 2008 # One Comment
The crazy day in financials has rocked the markets thus far on Monday. This article breifly describes how we got here and where we are headed in the future.
Ockham Research Staff @ August 13, 2008 # No Comment Yet
JP Morgan has proven itself to be human this week by forewarning of further write-downs in the present quarter related to credit market turmoil. The iconic bank had avoided much of this carnage up until recently. This is causing some to question the thesis that a bottom in financials was reached in July.
admin @ April 4, 2008 # One Comment
Bear Stearns’ ( BSC) acquisition by JP Morgan ( JPM) was the focus of lengthy testimony before the Congressional Banking Committee on Thursday. Heavy hitters from JP Morgan, Bear Stearns, and the Federal Reserve Bank of New York were in attendance.
Late in the second week of March 2008, it was clear […]
admin @ March 24, 2008 # No Comment Yet
Last Monday, the news swirling around the stock market was JP Morgan’s ( JPM) $2 per share bid to buy Bear Stearns ( BSC). Bear - at the time the fifth largest U.S. Investment Bank — astoundingly was being sold for about $240 million, far less than the value of its Manhattan […]