JPMorgan to buy Bear, 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/businessNews?i=4VMVWl" border="0"></img> (http://feeds.reuters.com/~a/reuters/businessNews?a=4VMVWl)</p><div class="feedflare">
<img src="http://feeds.reuters.com/~f/reuters/businessNews?i=sekX1BF" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=sekX1BF) <img src="http://feeds.reuters.com/~f/reuters/businessNews?i=bPuTKJf" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=bPuTKJf) <img src="http://feeds.reuters.com/~f/reuters/businessNews?i=eef1wYf" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=eef1wYf)
</div><img src="http://feeds.reuters.com/~r/reuters/businessNews/~4/252692197" height="1" width="1"/>
http://feeds.reuters.com/~r/reuters/businessNews/~3/252692197/idUSN1650564120080317