CNNMoney.com- JPMorgan Chase should complete its historic bid for Bear Stearns Thursday, effectively closing one of the more dismal chapters in the annals of Wall Street.
Nearly two-and-a-half months after the extraordinary tie-up was revealed, Bear Stearns shareholders are widely expected to approve the proposed takeover at a special meeting.
The purchase, unveiled on a Sunday evening, not only heralded the end of the 85-year-old Wall Street firm, but also came to represent just how vulnerable Wall Street had become as a result of the subprime mortgage meltdown and credit crisis.