A Sweeter Bear Bid May Sour the Fed

JPMorgan raises its offer in hopes of winning over shareholders. Will the Federal Reserve end up holding the bag? The Federal Reserve has been put in an awkward position by JPMorgan Chase's (JPM) decision to raise ... More... (Mortgage Lender & Broker News, Mortgage News)
Add a Comment , , , March 24th, 2008

Stocks leap on new JPMorgan-Bear deal

NEW YORK (AP) - Wall Street extended its big advance Monday as investors applauded a new agreement that will give Bear Stearns Cos. shareholders five times the payout than was outlined in a JPMorgan Chase ... More... (Mortgage Lender & Broker News, Mortgage News)
Add a Comment , , March 24th, 2008

JPMorgan May Raise Bid for Bear Stearns, NYT Says (Update1)

March 24 (Bloomberg) -- JPMorgan Chase & Co. may quintuple its takeover offer for Bear Stearns Cos. to more than $1 billion in an effort to win support from employees and shareholders opposed to the ... More... (Mortgage Lender & Broker News, Mortgage News)
Add a Comment , March 24th, 2008