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JP Morgan decides not to Steal Bear Stearns, Quintuples bid

online.wsj.com — In a move to assure the deal gets done, J.P. Morgan Chase has decided to quintuple the price they're paying for Bear Stearns from $2 per share to $10. I guess you can afford to do that when the US Federal Reserve is financing the deal and taking on all the risk.

spinchange 102 days ago, made popular 102 days ago

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