FACTBOX: Five Facts on Bear Stearns and JPMorgan

Fri Mar 14, 2008 5:10pm EDT
 
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NEW YORK (Reuters) - A liquidity crisis has placed Bear Stearns Co BSC.N in peril, prompting the Federal Reserve and JPMorgan Chase (JPM.N: Quote, Profile, Research, Stock Buzz) to come to the rescue with emergency financing.

JPMorgan's role in the rescue, and Bear Stearns' $3.2 billion loss in market value on Friday alone, has some investors looking for a takeover by JPMorgan.

The following is snapshot of the two companies: Bear Stearns BSC.N

-- 2007 Net Income: $233 million

-- Assets: $395.362 billion

-- Employees: 14,153

-- Market Capitalization: $3.50 billion

-- Recorded fourth-quarter write-downs: $1.9 billion JP Morgan Chase (JPM.N: Quote, Profile, Research, Stock Buzz)

-- 2007 Net Income: $15.365 billion  Continued...

 

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