RPT-JPMorgan- Bear Stearns well run, good risk controls

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NEW YORK, March 16 (Reuters) - JPMorgan Chase (JPM.N: Quote, Profile, Research, Stock Buzz) said on Sunday that it found Bear Stearns Inc. BSC.N a well run bank with good risk control.

A JPMorgan executive said on a conference call that 200 employees scrutinized Bear Stearn's books over three days. JPMorgan announced earlier it would buy Bear Stearns for about $2 a share. (Reporting by Joseph Giannone and Megan Davies; Editing by Tomasz Janowski)