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FTSE opens 100 points down after JP Morgan bales out stricken U.S bank Bear Stearns i

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  • #1

    FTSE opens 100 points down after JP Morgan bales out stricken U.S bank Bear Stearns i

    The FTSE has opened more than 100 points down today, as the British index reacts to the buy-out of collapsed U.S. investment bank Bear Stearns. Its rival JP Morgan has bought the bank for just £1 a share in a £118 million deal representing roughly 1 per cent of its share value just 16 days ago

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  • #2
    FTSE plummets 150 points after JP Morgan bales out stricken U.S bank Bear Stearns in

    The FTSE has plunged by almost 150 points as the British index reacts to the buy-out of collapsed U.S. investment bank Bear Stearns. Its rival JP Morgan has bought the bank for just £1 a share in a £118 million deal representing roughly 1 per cent of its share value just 16 days ago

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