March 16 (Bloomberg) -- The Federal Reserve reduced the rate on direct loans to commercial banks by a quarter-point and said it will allow primary dealers to borrow at the rate in exchange for a ``broad range'' of investment-grade collateral.

汇市，期市，黄金，石油。。。


疯狂得更加疯狂。

March 16 (Bloomberg) -- JPMorgan Chase & Co. agreed to buy Bear Stearns Cos. for about $270 million after a run on the company ended 85 years of independence for Wall Street's fifth- largest securities firm and prompted a bailout by the Federal Reserve.

The deal values New York-based Bear Stearns, with 14,000 employees, at $2 a share, compared with $30 at the close on March 14. The central bank will provide financing for the transaction, including support for as much as $30 billion of Bear Stearns's ``less-liquid assets,'' the two companies said in a statement today.

JPMorgan 竟然用 $2/股购买了上周五还挺在$ 30/股 的BSC，让那些 BSC 股东情何以堪？

今晚美国那边 BSC 盘口该怎样开。

在此消息的激烈下，空方机构恐又要进入本地市场，严刑拷问相关嫌犯了。

LEHMAN 业务与 BSC 有很大的相似处,都跟次贷的关联很大。