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JPMorgan Chase Funding Bear Stearns



By Stephen Bernard, AP
14 March 2008 @ 10:23 am EST

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JPM 38.49 -0.39
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Shares of JPMorgan Chase fell 5.4 percent.

The Federal Reserve has not yet released its own statement and did not immediately comment on the news.

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AP Business Writers Madlen Read and Joe Bel Bruno in New York contributed to this report.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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