This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: BS employees?-Invested in the company themselves o Did not diversify o Lost much of their investments-Disgruntled, bad morale, leaving firm JP Morgan-Offered to bail out BS o $2/share for BS is grossly undervalued o Want to say no-Now offered new deal, $10/share o CEO would have to combine both companies o Wanted to retain employees from BS...
View Full Document
- Spring '08
- Collective investment scheme, Subprime mortgage crisis, Bear Stearns