Roll Call: March 24, 2008

Here are the rumors and news for the day.

As J.P. Morgan Chase & Co. raises its bid for Bear Stearns Cos. to $10 a share, it may also be terminating 7,000 employees (Silicon Alley Insider), and SEC Chairman Christopher Cox says the Bear sale indicates a "lack of confidence" (Blogging Buyouts).

Jim Cramer appeared on CNN's Reliable Sources and sort of admitted he said Bear Stearns was fine. Huffington Post

Apax Partners Inc. is not interested in Reed Business Information. The Independent

Electronic Arts Inc., which is pursuing Take-Two Interactive Software Inc., is losing CFO Warren Jenson. Reuters

- Maria Woehr

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