The government's $30B participation in JPMorgan's (JPM) rescue of Bear Stearns was largely...

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

The government's $30B participation in JPMorgan's (JPM) rescue of Bear Stearns was largely driven by the threat bankruptcy could have posed to Bear's trading partners. But recent evidence suggests regulators may have overestimated the risk of counterparty failures.