fridee stuff, page-188

Hi Robbbb

Sorry, I was by no means having a "go" so apologies if it came across that way. JP Morgan was a very very wise man and so is Mr D.

The purchase of Bear Stearns was a coup IMO. I have looked at the numbers and property assest of Bear were significantly greater than the takeover price Morgans paid. All facilitated with a little help by the Federal Reserve of course. I also note that JP Morgan have been taking over banking competition for many many years. :)

If you are client of Morgans you are on the right team. If you own Morgan stock, you are on the right team. All IMO of couse. Same thing applies to Goldman.

Still rivers run deep and have do so over the past century.

I think when you consider the history behind 1908 it is extremely relevant with what is actually happening in finacial markets today. Don't get me wrong I like my charts too but I also like to think about why certain bailouts and takeovers happen and why certain companies never fail and continue to make money and grow larger year after year, decade after decade with poor business models. Hmmmmmm.

Personaly I'm bullish as ever...

Have a good weekend.