JPM Deal: Buy Bear Stearns HQ, Get iBank (Almost) Free!

With the $2 deal now gone, and a new $10 deal agreed upon, the agitation has begun for a $15 deal.

I am considering the $10 deal as buying the HQ property for $1.1B, and getting the rest of the firm for a mere billion bucks.

But those who think they should be pushing their luck may want to be a bit cautious. At a certain point, JPM (JPM) may just say, "thanks for the building, you've got 90 days to vacate..."