The Balance Sheet (Wishing Bear Farewell)

The Balance Sheet (Wishing Bear Farewell)The Balance Sheet (Wishing Bear Farewell)Approximate market value of Bear Stearns shares in billions of dollars in January 2007 20,000,000,000 Length of shareholder meeting in minutes during which Bear shareholders approved the purchase by JPMorgan for $10a share 10 Bid on eBay in dollars for Bear Stearns Residential Mortgage coffee mug at 1022 a.m. this morning (approximately 30 minutes before shareholders approved the JPMorgan deal) 2.24 Bid on eBay in dollars for Bear Stearns Residential Mortgage coffee mug at 1242 p.m. this morning (approximately 90 minutes after shareholders approved the JPMorgan deal) 15.50 Percent rise in bid 692 JPMorgans initial expected approximate cost of acquiring Bear Stearns in dollars 6,000,000,000 Realistic estimate of JPMorgans cost of acquiring Bear Stearns in dollars, after it took on half of Bears operating losses 9,000,000,000 Number of executives working in the investment banking division at JPMorgan one week ago 1,000 Number of JPMorgan investment banking executives laid off over the past week 200 Percent of JPMorgan mergers and acquisitions bankers who were recently told they no longer have jobs 50 Approximate percent of Bear Stearns employees that will be retained by JP Morgan 45 Number of announced bank layoffs worldwide since August 2007 65,000 Bear Stearns life span in years 85 Age at which Warren Buffet filed his first income tax return, on which he deducted his bicycle as a work expense for $35 13 Amount of subordinated debt that Wrigley will tap from Buffets Berkshire Hathaway in dollars to complete its deal with Mars 4,400,000,000 Approximate size of the Mars-Wrigley deal financed by JPMorgan in dollars 23,000,000,000 Year that Juicy Fruit, the oldest Wrigleys brand, welches introduced in the U.S. 1893 Rank of Juicy Fruit among gum brands bought by U.S. children 1 Advisory fee in dollars collected by Goldman Sachs for its part in the Mars-Wrigley deal 46,000,000 Fees in do llars collected by Morgan Stanley for its advice in the merger between Northwest and Delta 42,000,000 Number of deals that have ever produced more than $40 million in fees to an individual bank 5