Odd Developments in the Bear Sterns Buyout / Bailout

So get this: on Sunday, JPMorgan was in talks with Bear Sterns about raising the purchase price from $2 to $10 per share, as Bear Sterns stockholders were more or less livid with rage about the selling price being so low. Bear Sterns stock increased once the news got around, but the Fed isn't happy. As a new price must be approved by the Fed, something has to give or the deal might be off.