Today it should be sufficient to post numbers only.

The price of Bear Stearns Shares.

Jan 2007: $ 172.61

Mar 2008: $ 2.00

European Shares* March 18, 2008 14:11 CET:

FTSE100: 5’439.60 (-3.41%)

DAX: 6’190.02 (-4.06%)

CAC40: 4’447.34 (-3.15%)

AEX: 416.58 (-3.64%)

IBEX: 12’658.40 (-2.79%)

SMI: 6’820.85 (-4,36%)

Conversion rates*:

$ : £ = 0.498300

$ : € = 0.635000

$ : SwissFr = 0.987900

(* All numbers are naturally subject to fluctuations. I have not learned how to embed real time quotes. Clicking on the provided links should give you the actual quotes as provided by the respective news services.)

Suggested reading:

News:

Bear Stearns takeover sparks fresh financials rout

Sold for just $2 a share – the bank worth $140bn last week

Bear Stearns sold to JPMorgan Chase under Federal Bank pressure

Bank pumps £5bn into money markets

U.S. Stocks Tumble on Bear Stearns Sale; Lehman, Goldman Plunge

Analysis/Comment:

Ben Bernanke in dilemma over bank bailout

The B Word

Gloomboomdoom

Economy&Finance at TheZoo