Is JP Morgan Chase Trying to Take Down Bear Stearns?

CNN's John Defterios: JP Morgan Chase was working the uninsured depositors to poach those deposits. This is very eerily reminiscent of Bear Stearns in March of 2008, he says. After they did that and picked up a huge amount of sort of free equity, they put aside a $4 billion reserve for litigation for lawyers. That doesn't mean I'm going to quit money markets and go back to the law," Defterios says.