By Nye Lavalle – Bear Stearns Share Holder & LoanWorkout.org guest blogger
PMorgan Chase stands behind Bear Stearns,” Jamie Dimon, JPMorgan’s chief executive, said in a statement. “Bear Stearns’s clients and counter-parties should feel secure that JPMorgan is guaranteeing Bear Stearns’s counter-party risk.”
The talks between the companies, which were overseen by the Federal Reserve and the Treasury [...]
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