Did Bear Stearns get bailed out?
Did Bear Stearns get bailed out?
The Federal Reserve bails out Bear Stearns in a deal structured as a loan to JPMorgan. It’s the Fed’s first loan to a nonbank since the Great Depression. That Sunday, Bear agrees to a sale to JPM for $2 a share. Irate investors force JPMorgan to raise Bear Stearns offer to $10 a share, from $2. Mar 13, 2018
