Bear Stearns

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Bear Stearns is alive and well

Jamie Dimon

Ten years ago last Friday, JPMorgan Chase announced it would buy collapsing investment bank Bear Stearns for pennies on the dollar after a weekend of emergency talks brokered by the government to avert a financial crisis.

Former Bearn Stearns execs criticized

A federal judge sharply criticized statements and actions by former executives of Bear Stearns Cos in the final days of the investment bank, saying important information was “withheld from the public” and allowing a shareholder lawsuit to move forward.

JPMorgan agrees to pay $995m to resolve Ambac claims

Jamie Dimon

JPMorgan agreed to pay $995m to resolve claims by Ambac Financial Group that it was duped into insuring mortgage bonds backed by shoddy loans, paving the way for approval of a much larger settlement between the bank and institutional investors stemming from the global financial crisis.

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Jamie Dimon

Bear Stearns is alive and well

Ten years ago last Friday, JPMorgan Chase announced it would buy collapsing investment bank Bear Stearns for pennies on the dollar after a weekend of emergency talks brokered by the government to avert a financial crisis.