JPMorgan Chase, Fed bail out Bear Stearns

• Story Highlights
• JPMorgan Chase &Co., Fed team up to bail out troubled Bear Stearns
  
• Investment bank acknowledged financial dire straits after a week of firm denials
  
• Bear Stearns lost half of its value within 30 minutes of the market open
  
• It is not clear exactly how much money Chase will pump into Stearns
  
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