The Week That Shook Wall Street: Inside the Bailout of Bear Stearns.

The article examines the events leading up to the March 16, 2008 sale of the financial services firm Bear Stearns to J.P. Morgan Chase for $236 million. A March 14, 2008 announcement that J.P. Morgan and the U.S. Federal Reserve Board had extended the company a 28 day line of credit was seen as insufficient to prevent Bear Stearns from bankruptcy. The deal was forced on both parties by the board, which assumed $30 billion worth of Bear Stearn's most questionable assets.