The Bear Stearns press release in full, taken from the US investment bank's website:

BEAR STEARNS AGREES TO SECURED LOAN FACILITY WITH JPMORGAN CHASE

JPMORGAN CHASE

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The prospect of a radical escalation in the global trade war in the coming days has nearly doubled the probability of a recession in the U.S. economy in the next 12 months to around 35%, according to Goldman Sachs.

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Bear Stearns press release on funding

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