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JPMorgan's Purchase of WaMu, Bear Stearns Echoes Its Founder's Saving Graces By SCOTT MAYEROWITZ ABC NEWS Business Unit Fear. Turmoil. A run on the bank. It was not a pretty picture for Wall Street as panic set in and the country's leaders fought to keep the economy afloat. JPMorgan's legacy of pumping money into the financial system during tough times began long before its purchase of Washington Mutual and... [read full story]
