Posted By:
LetsGoBucsIt will be interesting to see what the terms of the sale are....got a hunch that some sort of special loan provision from the Feds to protect agains Bear's mortgage book will be part of the package.
Even at $20, don't know of Morgan is getting a good deal unless they've got guaranteed backing on the mortgage book.
Washington Mutual may be next.....we'll see what the market does tomorrow.