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Four Years After Bear Stearns, Bank Stocks Charge Higher

It's hard to believe, but today is the four-year anniversary of J.P. Morgan Chase's deal to acquire ailing Bear Stearns for only $2 a share. One financial crisis and one European sovereign-debt crisis later, the S&P 500 is back above 1400 and looking to charge higher.
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Three quarters of Bear Stearns's most senior bankers have left the investment bank since its acquisition by J.P. Morgan Chase nearly a year ago. Read Post

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