Its official: JPMorgan owns Bear
The Fed today gave its stamp of approval for the acquisition of troubled Wall Street firm Bear Stearns by JPMorgan Chase.
The Federal Reserve Board today gave its formal stamp of approval for the acquisition of troubled Wall Street firm The Bear Stearns Cos. Inc. by JPMorgan Chase & Co.
The approval comes two-and-a-half weeks after New York-based JPMorgan Chase announced it was purchasing Bear Stearns, also of New Y
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