2012-10-04bloomberg.com

``Holding JPMorgan responsible for Bear's sins might be a no- brainer had this been a normal market transaction. But the circumstances surrounding the acquisition were anything but routine. Over a panic-stricken weekend in March 2008, the U.S. pushed JPMorgan to buy Bear. Worried about the effects of a bankruptcy on the broader financial system, the government sweetened the deal by agreeing to purchase $30 billion of Bear's risky mortgage assets. ''


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