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Bear Stearns Narrowly Avoids Insolvency
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03-16-2008, 05:28 PM
DateDoc
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Join Date: Feb 2005
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It is not just a bail out any more. JP Morgan has acquired Bears Stearn and the Fed has approved it. Now just the stockholders need to approve the deal.
http://money.cnn.com/2008/03/16/news...ion=2008031619
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