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What $236 million buys: The Bear Stearns buyout

JPMorgan Chase & Co.
Value judgment: Bear Stearns vs. construction costs of the L.A. Unified School District's Vista Hermosa school complex More expensive: Vista Hermosa, at $400 million-plus JPMorgan Chase's takeover of Bear Stearns, announced Sunday, gave the investment bank a value of just $236 million The... Anne Cusack / Los Angeles Times