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Beckham worth more than Bear Stearns

18 March 2008

18 March 2008

If you want to get a handle on just how cheaply Bear Stearns was sold, consider this,  David Beckham’s contract with the LA Galaxy is worth more than what JP Morgan paid for ailing investment banker. JP Morgan has already realised one big advantage from its purchase: its moving into  the Madison Avenue HQ of Bear Stearns.

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  • Nicholas

    Beckham worth more or just has more? Maybe now they are best buddies Brown can get Beckham involved in Northern Rock? The Two Bs Bail Out the Darling Bank without Balls?

  • kinglear

    Yup its a steal – no wonder the shareholders wnat to query it.

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