March 20 - DealBook Blog (NY Times) - The audacious government-orchestrated purchase of Bear Stearns by JPMorgan Chase has dominated headlines and chatter this week. To say there are a plethora of angles to cover — the $2-a-share price, the role of the government, the challenges in closing the deal — is an understatement.
The day after the deal was announced, DealBook’s Andrew Ross Sorkin spoke with Charlie Rose about the history, the context and the intricacies of the takeover. Ultimately, however, the deal will be remembered as either the crowning achievement of JPMorgan’s James Dimon as “the new J.P. Morgan” or as “the grand theft of our century.” Watch video.
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