NEW YORK (Reuters) - JPMorgan Chase said on Sunday that it found Bear Stearns Inc. 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)
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History does not repeat itself, but the wartime struggles of President Obama in 2009 and President Johnson in 1963 are striking in their similarities. Does the ghost of Vietnam still hang over the White House? Commentary
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