Bear's Strategy
BUY-SIDE PROFILE
JPMorgan Asset Management may be somewhat removed from the high drama at its parent bank, but JPMorgan will probably go down in the annals of banking history. The third largest global investment bank agreed in March, with the backing of the US Federal Reserve, to buy the slightly smaller but credit crunched Bear Stearns for a fraction of what the stock had been worth previously. The first such US government rescue since the Great Depression shook the very foundations of Wall Street and the wider
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