j p morgan

Comparing the two men in periods of market turmoil reveals how much some things have changed over the years and how others have not.

The government on Thursday made the largest bank seizure in American history, taking over Washington Mutual and selling pieces of it to J.P.

Morgan Chase.

The nation’s largest savings and loan agreed to sell assets to J.P. Morgan Chase in a government-brokered deal to rescue the troubled bank, according to people briefed on the deal.

In a move to assure the deal gets done, J.P. Morgan Chase has decided to quintuple the price they're paying for Bear Stearns from $2 per share to $10.

I guess you can afford to do that when the US Federal Reserve is financing the deal and taking on all the risk.

The news that J.P. Morgan bought investment house giant Bear Stearns for just $236 million, or $2 a share, sent tremors through financial markets around the world today.

This is company whose stock was worth almost one hundred times as much a year ago.

Bear Stearns Cos. was closing in on a deal Sunday afternoon to sell itself to J.P. Morgan Chase & Co., as worries deepened that the financial crisis of confidence could spread if Bear failed to find a buyer by Monday morning.