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Apr.03
8:40 AM ET
Winners Since Bear Stearns / JP Morgan Deal
Posted By:Ariel Nelson
Topics:SEC | Ben Bernanke | Federal Reserve | Nasdaq | Dow Jones Industrial Average | Stock Market
With today's hearings in Washington on the JP Morgan Chase [JPM
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] buyout of Bear Stearns [BSC
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], here is a look at how the Financials and Home Builders have faired since their close the Friday before the deal was announced. An all-star cast will be testifying, including Fed Chairman Bernanke, SEC Chairman Cox, JP Morgan CEO Jamie Dimon, and Bear Stearns CEO Alan Schwartz.
While Countrywide [CFC
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] is the biggest winner since mid-March, it is the home builders that are soaring YTD.
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