In your interest.
Online Personal Finance Magazine
No beating about the bush.
When Bear Stearns was bought out by JP Morgan in mid-March for just $ two a share, someone lost over a billion dollars in wealth. It was Joseph Lewis, the Bahamas-based reclusive English billionaire currency trader, also the principal owner of the UK football team – Tottenham Hotspur. Lewis started buying into Bear Stearns last year after the first round of subprime crisis clobbered the stock...