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JPMorgan Acqusition of Bear Stearns

Wall Street and the Ghost of J.P. Morgan

JPMorgan's Purchase of WaMu, Bear Stearns Echoes Its Founder's Saving Graces By SCOTT MAYEROWITZ ABC NEWS Business Unit Fear. It was not a pretty picture for Wall Street as panic set in and the country's leaders fought to...

JP Morgan CEO Jamie Dimon eats banks for breakfast

BY WILLIAM SHERMAN DAILY NEWS STAFF WRITER Saturday, September 27th 2008, 4:00 AM Wall Street's new Master of the Universe is a grandson of Greek immigrants straight out of , a man of big bold strokes who is betting that...

In Full Stride as Others Fall

NEW YORK, Sept. 26 -- Jamie Dimon steered his bank away from the bad mortgage bets and risky financing methods that have damaged much of his competition. But the J.P. Morgan Chase chief executive finds himself playing a...

Injected billions fail to impress as Brown hits at 'irresponsibility'

Published Date: 27 September 2008 THE huge scale of the US government's proposed rescue of its banking system has raised questions about whether the Prime Minister is doing enough to tackle similar problems in Britain....

Crunch claims WaMu as its biggest victim

Credit crunch claims WaMu as its biggest victim Robert Lea, Evening Srandard Collapsing confidence in the US economy and financial system claimed its biggest victim today as Washington Mutual (WaMu) became the largest...

Washington Mutual closed, JPMorgan buys for 1.9 bln

The JP Morgan Chase headquarters in New York WASHINGTON, (AFP) - The US government closed struggling Washington Mutual, one of the country's largest savings and loans banks, allowing JPMorgan Chase to buy its operations...

Armageddon, Apocalypse, and AIG

Panic Yesterday was the first day of the rest of Wall Street’s life. At the beginning of this year, there were five major broker-dealers. In March, the Bear Stearns Companies were acquired by JP Morgan Chase with a large...

Wall St. has worst drop since 2001

Stocks tanked today as investors reeled amid the fallout from the largest financial crisis in years after Lehman Brothers filed for the biggest bankruptcy in history and Bank of America said it would buy Merrill Lynch....

Dow Drops 500 Points

AIG Tumbles 61%, Pushing Dow to a 500-Point Decline September 15, 2008 4:34 p.m. The stock market suffered its worst daily plunge of the year Monday as the bankruptcy of Lehman Brothers Holdings threw the U.S. financial...

Wall Street quakes through dark day in its history

Via Acquire Media NewsEdge) WASHINGTON _ Wall Street buckled and bent but didn't break Monday after a series of historic events that shook its foundations, including the bankruptcy of a major investment bank, the fire...

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