Steven Raphael, a broker with Bear Stearns, enters the company headquarters on Monday, March 17, 2008 in New York. JP Morgan Chase said Sunday it will acquire rival Bear Stearns for a bargain-basement $236.2 million, a stunning collapse for one of the world’s largest and most storied investment banks. Mark Lennihan/AP PhotoA newspaper distributor hands out a copy of newspaper featuring the sale of U.S. investment bank Bear Stearns to JP Morgan Chase as commuters ascend from Bank underground station in the City of London, Monday, March 17, 2008. Sang Tan/AP PhotoEmployees cross the lobby at Bear Stearns on Monday, March 17, 2008 in New York. JP Morgan Chase said Sunday it will acquire rival Bear Stearns for a bargain-basement $236.2 million, a stunning collapse for one of the world’s largest and most storied investment banks. Mark Lennihan/AP PhotoAn employee enters Bear Stearns on Monday, March 17, 2008 in New York. JP Morgan Chase said Sunday it will acquire rival Bear Stearns for a bargain-basement $236.2 million, a stunning collapse for one of the world’s largest and most storied investment banks. Mark Lennihan/AP PhotoThe Bear Stearns headquarters, center, and the JP Morgan headquarters, right, are shown on Monday, March 24, 2008 in New York. JPMorgan Chase & Co. increased it offer Monday for Bear Stears Cos. to $10 per share. Mark Lennihan/AP PhotoAn entrance to Bear Stearns is shown on Monday, March 24, 2008 in New York. JPMorgan Chase & Co. increased it offer Monday for Bear Stears Cos. to $10 per share. Mark Lennihan/AP Photo
