Deals of the Day: Bear Stearns Somehow Didn’t Post a Loss

Deals of the Day includes all the major news of the morning related to mergers and acquisitions and financing. For breaking deal news, turn to the WSJ’s Deals & Deal Makers page, or click here to automatically sign up for Deals Alert emails. You can also bookmark Deal Journal at http://blogs.wsj.com/deals.  Today in Bear Stearns It could have been worse: Bear’s net income fell 79% to $115 million, from $554 million a year earlier. [WSJ] Jimmy Cayne: He will receive another $4.6 million