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Bear Stearns Sees Incurring $288 Mln Losses in Q2

NEW YORK (Reuters) - Bear Stearns Cos <BSC.N>, the
investment bank being acquired by JPMorgan Chase & Co <JPM.N>
after losing its liquidity, on Friday said it will probably
incur $288 million of losses in the second quarter stemming
from a municipal bond program and a write-down.

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