Monday, June 1, 2009

PMorgan to raise $5B

http://money.cnn.com/2009/06/01/news/companies/JPMorgan_TARP_exit.reut/index.htm?postversion=2009060117

1) This artical is about how JPMorgan plans to sell stock to make 5 billion so they can pay back the government. They had taken 25 billion in bailout money but passed the recent "stress tests" for banks and didnt get any more money. now if they make the 5 billion they can pay back the govt. 

2) I chose it because i thought it was interesting that the company had to pay back the bailout money. I didnt no they had to do that.

3) Ya i agree because it makes sence that once the bank had money again it would pay back the govt.

4) Yes i do 

5) ys i would

1 comment:

  1. Devlin, Not a bad summary on a fairly technical article. Why do you think it was fair?

    Grade: 9/10

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