Jeffrey Saut Calls JPMorgan's Bear Purchase 'Brilliant': Video

Jeffrey Saut, who helps manage $190 billion in assets as chief investment strategist at Raymond James & Associates, talks with Bloomberg's Carol Massar from St. Petersburg, Florida, about JPMorgan Chase & Co.'s agreement to buy Bear Stearns Cos. for $240 million, or about $2 a share, his investment strategy, and recommendation of Schering-Plough Corp. and Delta Petroleum Corp. Bloomberg's Erik Schatzker also speaks. (Source: Bloomberg)

Bloomberg | March 17, 2008

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