JP Morgan CEO Says SEC Should Investigate Bear Stearns' Collapse

JP Morgan Chase & co chief executive Jamie Dimon says US regulators should investigate whether people betting on Bear Stearns' stock falling deliberately brought down the investment bank, Reuters reports. JPMorgan completed its fire sale acquisition of Bear Stearns in

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JP Morgan Chase & co chief executive Jamie Dimon says US regulators should investigate whether people betting on Bear Stearns’ stock falling deliberately brought down the investment bank, Reuters reports.

JPMorgan completed its fire-sale acquisition of Bear Stearns in May, following that bank’s stock plunge and collapse earlier this year.

The full story is available at Reuter’s website

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