JPMorgan to buy Bear as Fed opens lending to Wall St
NEW YORK (Reuters) - JPMorgan Chase & Co set a deal to buy stricken rival Bear Stearns for a rock-bottom price, while the U.S. Federal Reserve expanded lending to securities firms for the first time since the Great Depression to prop up the financial system.
<p><img src="http://feeds.reuters.com/~a/Reuters/domesticNews?i=ICNRuq" border="0"></img> (http://feeds.reuters.com/~a/Reuters/domesticNews?a=ICNRuq)</p><div class="feedflare">
<img src="http://feeds.reuters.com/~f/Reuters/domesticNews?i=ChDcpDF" border="0"></img> (http://feeds.reuters.com/~f/Reuters/domesticNews?a=ChDcpDF) <img src="http://feeds.reuters.com/~f/Reuters/domesticNews?i=jO5k1nf" border="0"></img> (http://feeds.reuters.com/~f/Reuters/domesticNews?a=jO5k1nf) <img src="http://feeds.reuters.com/~f/Reuters/domesticNews?i=pE1YBzf" border="0"></img> (http://feeds.reuters.com/~f/Reuters/domesticNews?a=pE1YBzf)
</div><img src="http://feeds.reuters.com/~r/Reuters/domesticNews/~4/252687900" height="1" width="1"/>
http://feeds.reuters.com/~r/Reuters/domesticNews/~3/252687900/idUSN1650564120080317