Jpmorgan to close or spin-off most bear funds

By Joseph A. Giannone NEW YORK (Reuters) - JPMorgan Chase & Co (JPM.N: Quote, Profile, Research) expects to liquidate or spin off much of the asset management arm of Bear Stearns Cos Inc (BSC.For Wall Street Workers, Ax Falls Quietly New York TimesJPMorgan Sees Around $9 Billion In 2Q Charges From Bear Takeover CNNMoney.comCommercial Property News - Bloomberg - Wall Street Journal - BusinessWeek