Archive for March 16th, 2008
JP Morgan inks the deal of the year
16 March 2008US$236 million sounds like a lot of money, certainly a great deal more than the “$2/share” that JP Morgan (JPM:NYSE) is paying to acquire Bear Stearns (BSC:NYSE). The purchase price doesn’t sound stupendous when compared to the US$80 book value per share that Bear Stearns’ CFO claimed on Friday to be the appropriate figure [...]
Best Spitzer joke lines
16 March 2008You might not follow the august Sunday Times. So here’s their round-up of the better lines about Eliot Spitzer’s downfall:
America’s comedians and tabloid headline writers have had a field day with the prostitution scandal featuring Eliot Spitzer:
- “Hillary Clinton is now only the second-angriest wife in the state of New York” – Jay [...]
Bay Street Buzz
16 March 2008This information courtesy of Bill Vlaad, of Vlaad & Co.:
“Dirk Lever has moved from his role as the Oil and Gas Trust Analyst at RBC Capital Markets to their Institutional Sales desk as Managing Director and Head of North American Energy Sales.
Franco-Nevada has hired BMO Capital Markets’ Mining Research Associate Jason O’Connell to work [...]