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WASHINGTON, DC - April 03: Alan Schwartz, president and CEO of Bear Stearns, during the Senate Banking hearing on Bear Stearns and recent turmoil in the financial markets and efforts to address it. The Fed in March engineered the acquisition of Bear Stearns by J.P. Morgan Chase & Co. at a bargain price of roughly $2 a share -- and averted a rapid unraveling of Bear's financial commitments to other major banks. (Photo by Scott J. Ferrell/Congressional Quarterly)

WASHINGTON, DC - April 03: Alan Schwartz, president and CEO of Bear Stearns, during the Senate Banking hearing on Bear Stearns and recent turmoil in the financial markets and efforts to address it. The Fed in March engineered the acquisition of Bear Stearns by J.P. Morgan Chase & Co. at a bargain price of roughly $2 a share -- and averted a rapid unraveling of Bear's financial commitments to other major banks. (Photo by Scott J. Ferrell/Congressional Quarterly)

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