Entity Dossier
Company

JP Morgan Chase

Strategic Concepts & Mechanics

Primary Evidence

"In March, JP Morgan Chase rescued its competitor Bear Stearns by buying the company for one dollar. Over the coming months, it would become clear that many more players had bought securities linked to the American mortgages. Securities whose value plummeted when the loans were not paid."

Source:The Finance Princes - The Story of the Swedish Venture Capitalists

"In March, JP Morgan Chase rescued its competitor Bear Stearns by buying the company for one dollar. Over the coming months, it would become clear that many more players had bought securities linked to the American mortgages. Securities whose value plummeted when the loans were not paid."

Source:The Finance Princes - The Story of the Swedish Venture Capitalists

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