Guess I'll be working for Chase now...

[Huge]

http://biz.yahoo.com/ap/080316/jpmorgan_bear_stearns.html

 

[Gonzo]

Better than digging ditches.

I thought you worked for (somebody else)...musta missed a job change along the way.

 

[HomeLAN]

Do you see an orderly transition, or is there panic within Bear?

 

[Huge]

There was some; saw a bunch of bankers cleaning out their offices on Sun in case we were locked out on Mon. I won't be there until Friday night again. I'm just so surprised on how fast everything happened; there was no rumor about this going on and all of the sudden, here it is. :/

 

[Neo]

I finally got hired today. god it feels good to be back in the workplace. (never thouht id say that did ya) im working for http://www.preferreditgroup.com/
im excited to start on monday. pay is ok for starting, but they have good benefits. gotta have them for the boys.

 

[Gonzo]

Congrats Sammy...a step up too-real IT work.

 

[Nixy]

Way to go Sammy!!

 

[Huge]

 

[Huge]

Nice; the latest I hear is the Bear shareholders told the JP people "you can stick the $2/share bailout up your ass!" (already got told not to work Fri; was supposed to get 2.0x pay)

 

[HomeLAN]

Congrats, Sam! That's gotta be a relief.

Huge, it kinda looks like a big damn fight regarding price on the Morgan buyout. You've got a few large shareholders telling Morgan to get stuffed, but liquidity crises don't die - they just get worse.

 

[Huge]

Well I saw a quick blurb in today's paper that JP is encouraging Bear employees to stay, for what it's worth. I guess I'll get a better sense when I'm there tomorrow.

 

[Inkara1]

Hey Sam, what are they going to have you doing there?

 

[Neo]

help desk support. i will mainly do remote work from the office.
But im hoping to help out with alot of their reporting and databases. then help grow the company

 

[Neo]

this is their other company. its the remote software i get to use.

http://maintainmynetwork.com/

 

[HomeLAN]

Well, now it looks like the deal will go to $10 a share. It'll be interesting to see how much of a tirade Morgan shareholders will throw at the sweetened price.

 

[Huge]

I know (I just woke up). The stock went way up yesterday.

 

[Huge]

Well Bear is dead now and I am out of a job.

I celebrated by buying a new case and a wolfdale e8500

 

[Gonzo]

Sucks....

Cool...

now you have time & resources to game properly

 

[Huge]

Exactly! I have soooo many games to finish. Next thing is to upgrade video & hard drives.

Found this in one of the cubes @ Bear: http://www.ecorley.com/coppermine/displayimage.php?album=lastup&cat=0&pos=2