Sometimes it pays to NOT understand what is going on. Can you imagine being the person who had to write the current announcement on the Bear Stearns website if you were fully educated to the real deal?
“We’re pleased to announce that the merger of JPMorgan and Bear Stearns has been completed. The merger unites two great companies and brings together the most complete range of financial services in the industry.
JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry. Learn more about how our firm can help our clients reach their goals.”
For those of you who don’t have to handle public relations or litigation for JP Morgan and want to know the real deal on the Bear Stearns hit, see previous blog posts: