Lost chances haunt Bear's last days

Part one of a three part series

Twelve hours after agreeing to sell Bear Stearns for $2 (€1.3) a share, Alan Schwartz wearily made his way to the company gym for a much-needed workout.

It was 6:45am., March 17, and Bear Stearns's chief executive had slept little since hammering out the ugly details of his fire-sale deal with JP Morgan Chase.

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