2012-10-09 — bloomberg.com
``Methinks the bank doth protest too much. JPMorgan didn't buy Bear Stearns as a favor to Treasury Secretary Henry Paulson, New York Fed President Timothy Geithner and Federal Reserve Chairman Ben Bernanke; it bought Bear Stearns because it saw an opportunity to acquire on the cheap a company with assets it coveted. JPMorgan admired Bear Stearns's clearing business, its commodities trading, a few of its bankers and traders and, most of all, its sleek, new skyscraper at 383 Madison Avenue, across the street from JPMorgan headquarters at 270 Park Avenue. ''
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