Bear Stearns Fall from Grace

Tags: JP Morgan Chase, BSC, Bear Stearns, JPM
17 Mar 4:42am
Posted by ChrisKrasowski
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The story that will makes the rounds of the Investment Banking Boardrooms, and business school curricula alike, will be that of the fall of Bear Stearns (BSC). The once proud up and comer on Wall Street is now being scooped up for $2/share by JP Morgan Chase (JPM). Just to put things in perspective, Bear's all time high was last year's $159/share, giving it a market cap of over $18Billion. The

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ChrisKrasowski

WC Power Tech Fund founder. Chris sets out to prove that the new generation of investor can emerge from nontraditional circumstances. An engineering graduate from a Canadian University, Chris developed his passion for investing and the markets at an early age and personally owned his first stock at the age of 16. Now 24, with work experiences in the banking and investment banking industries in front of him and behind him, Chris built a personal trading account into the unofficial WC Power Tech Fund. The fund's official blog gives Chris the opportunity to write about investment topics of all shapes and sizes giving insights, opinions and market commentary to seasoned and new investors alike. Visit: http://wcpowertechfund.blogspot.com

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