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Bear Stearns 2 Years On - '' On Wall Street

Wall Street Sign

It was perhaps one of the most emotionally charged meetings ever attended by Wall Street's finest. Just a few days after JPMorgan Chase had made its initial offer to acquire Bear Stearns for $2-a-share, some 400 Bear Senior Managing Directors congregated at the firm's New York HQ building to be briefed on the takeover.

BofA, Barclays, JPMorgan, Northern Trust, RBS

The Wall Street Journal reports that Bank of America has now agreed to disclose details of donations made with corporate funds to political parties and committees. The bank will not, however, disclose individual political contributions made by employees.

Lehman's Accounting 'Shenanigans'

Here's an interesting interview Bloomberg TV ran Friday with Brad Hintz, a top-ranked analyst over at Sanford C. Bernstein, on the subject of that 2,200 page report published last week on the events which led to the bankruptcy of Lehman Brothers.