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Jp Morgan Buys Bear Stearns

Banksters Back in the Black: JP Morgan Chase

Mary Bottari | Posted 05.25.2011 | Business
Mary Bottari

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.

JP Morgan's Jamie Dimon: A Leader Steps Up

Bill George | Posted 05.25.2011 | Business
Bill George

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 (Kind Of) Owns Up To His "Bear Stearns Is Fine" Comments

Huffington Post | Posted 05.25.2011 | Business

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 ...

Cramer Called Bear Stearns "Fine" Just A Week Ago

CNBC | Posted 05.25.2011 | Business

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...

A Note To the Employees Of Bear Stearns

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

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.