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06/01/08
JPMorgan completes Bear Stearns takeover
Filed under: General, Business, Mortgages
Posted by: Lillian Wong @ 7:29 pm

NEW YORK: JPMorgan Chase said on Saturday it completed its $1.4 billion Bear Stearns takeover, capping the demise of a Wall Street firm that survived the depression and numerous slumps in its 85 years but could not navigate the mortgage crisis.  more…

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