Jp Morgan Buys Bear Stearns

While the Wall Street economy is booming, the real economy is in a dead stall. Only 36,000 jobs were created in January 2011. A roundup of recent headlines shines a light on how big banks like JPMorgan Chase make their big bucks.

In taking over Bear Stearns just hours before it would have been forced into bankruptcy, JP Morgan CEO Jamie Dimon took on a broad public responsibility to keep financial markets from unraveling.

Jim Cramer became a feast for late night comedy after he called Bear Stearns "fine" a week before its spectacular collapse. Cramer appeared on CNN's ...

I'm sure your eyes goggled when you saw it too. JP Morgan paid a couple or three hundred million for a company worth incalculably more. It's stunning.

What a difference a week makes. On Tuesday, March 11, Jim Cramer assured "Mad Money" viewers that Bear Stearns was doing fine. Specifically, he remark...