Quote from newguy05:
hmm but if the deal falls apart, wouldnt bsc price go UP instead of drop to below $10? I think the sentiment was that jpm got a steal, so if the deal falls apart the stock would gap up not down.
not sure...
It depends. Now that the fed reserve accomplished their goal of stabilizing the panic the ensued that weekend, if JPM dropped out, and if the politics ensnaring this thing kept the fed from offering a 30 bln lifeline to anyone else, as they did with JPM, anything is possible.