iOS app Android app

Bear Stearns and Jpmorgan Chase

JPMorgan Chase's $13 Billion Fine Pales In Comparison To Profits From Crisis Deals

The Huffington Post | Mark Gongloff | Posted 10.22.2013 | Business

If JPMorgan Chase is a scapegoat, it is an extremely well-paid scapegoat: The crisis-era mergers that are costing the bank a small fortune in fines pr...

JPMorgan Being Probed Over Failed Bank's Role In Financial Crisis

Reuters | Posted 02.20.2013 | Business

By Karen Freifeld and Aruna Viswanatha (Reuters) - The U.S. Justice Department is investigating JPMorgan Chase & Co over allegations that Bear Ste...

Dimon On Bear Stearns Buy: 'I'd Put It In The Unfair Category'

Reuters | Posted 12.10.2012 | Business

WASHINGTON, Oct 10 (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon said his company has lost up to $10 billion as a result of the gover...

Forget The Squid. Meet The Whale.

The Huffington Post | Mark Gongloff | Posted 04.13.2012 | Business

Never mind the Squid. Keep your eye on the Whale. JPMorgan, that is, which is not nearly as vilified as Goldman Sachs, but is bigger and potentiall...

Young Americans: In Rejecting Jamie Dimon, Syracuse Students Speak for the Nation

Richard (RJ) Eskow | Posted 05.25.2011 | College
Richard (RJ) Eskow

The students at Syracuse University are absolutely right: Dimon's a poor role model. We should be proud that they don't want life guidance from someone who has made a career of plundering the economy in the pursuit of non-productive wealth.

JPMorgan CEO Jamie Dimon Takes On Washington

Huffington Post | Grace Kiser | Posted 05.25.2011 | Business

Jamie Dimon, the CEO of JPMorgan, has decided that battling financial regulation is now one of his prime responsibilities. That, at least, is the pict...

Fed's Bear Stearns Assets It Swallowed in Firm's Rescue

bloomberg.com | Craig Torres, Bob Ivry and Scott Lanman | Posted 05.25.2011 | Business

April 1 (Bloomberg) -- After months of litigation and political scrutiny, the Federal Reserve yesterday ended a policy of secrecy over its Bear Stearn...

Bear Stearns Bailout Exposes Fed To Billions In Losses

Reuters | Posted 05.25.2011 | Business

The Federal Reserve has seen paper losses on real estate assets it acquired when it helped JPMorgan Chase & Co buy Bear Stearns, the Financial Times r...

Shahien Nasiripour

Jamie Dimon, Head of JPMorgan Chase: "Everyone Should Be Allowed To Fail"

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The head of the country's second-biggest bank, considered by many to be "too big to fail," said Tuesday that no firm should be immune from failure. ...

Ben Bernanke: Socialist

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business
Hale

Poor lending standards have led to the collapse of communities and harder times for cities, beyond Bear Stearns. Shouldn't they be getting some help too?

$4 Gasoline at the Aspen Ideas Festival

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

In an interview with Charlie Rose, JP Morgan Chase CEO Jamie Dimon, in his engaging way, asked his audience a seemingly innocuous question: "Who among you is upset with $4 plus gasoline?"

Bear Stearns Bankers Getting Paid To Literally Do Nothing

NY Mag | Arianne Cohen | Posted 05.25.2011 | Business

Don't feel too sorry for the soon-to-be-laid-off employees at Bear Stearns: Right now they're getting paid to do nothing. "I'd say 50 percent of my de...

Bear Stearns' Cayne Sells Once-$1 Billion Stake For $61 Million

AP | JOE BEL BRUNO | Posted 05.25.2011 | Business

NEW YORK — Bear Stearns Cos. Chairman James Cayne dumped his entire stake in the embattled investment bank for $61 million as it appears closer ...

In Week Of Iraq War Anniversary, Obama's Race Speech Dominated Media Coverage

Huffington Post | Rachel Sklar | Posted 05.25.2011 | Media

Last week was a big one for news: On Monday, the markets opened to news that Bear Stearns had collapsed and was being bought out by JP Morgan; on Tues...

Shell-Shocked Bear Stearns Employees Turn To Psychologists

ABC News | Russell Goldman | Posted 05.25.2011 | Business

Facing the loss of their life savings and very possibly their jobs, employees at investment bank Bear Stearns are turning to trained professionals -- ...

US, Global Markets: What's Next?

The Huffington Post | Posted 05.25.2011 | Business

Think Progress: White House Defends Bailout Of Wall Street Instead Of Main Street During today's news briefing, reporters questioned White House Pres...

Is Lehman Next?

CNN/Money | Colin Barr | Posted 05.25.2011 | Business

Lehman Brothers (LEH) may be in for a long day. Shares of the brokerage firm slid 15% in early trading after the firm said it's got enough cash to kee...

JPMorgan Buys Ailing Bear Stearns At Bargain Basement Price

New York Times | ANDREW ROSS SORKIN and LANDON THOMAS Jr. | Posted 05.25.2011 | Business

Bear Stearns, facing collapse because of the mortgage crisis, agreed Sunday evening to be bought by JPMorgan Chase for a bargain-basement price of les...

Billionaire Lewis Warns He May Try To Stop Bear Stearns Deal

New York Times | Andrew Ross Sorkin | Posted 05.25.2011 | Business

Bear Stearns shareholders are understandably furious about the investment bank's sale to JPMorgan Chase for about $2 a share. Now one of the largest o...

Investors Fear Financial Crisis Will Keep Spreading

NY Times | LANDON THOMAS Jr. | Posted 05.25.2011 | Business

The cash squeeze that brought Bear Stearns to its knees is fanning fears that other investment banks might be vulnerable to the crisis of confidence g...

Stocks Widely Mixed on Bear Stearns News

AP | MADLEN READ | Posted 05.25.2011 | Business

NEW YORK — Wall Street ended a temperamental session widely mixed Monday after investors grappled with JPMorgan Chase & Co.'s government-backed ...

Brokerage Stocks May Drop 50 Percent, Says Oppenheimer Analyst

Times | Catherine Boyle | Posted 05.25.2011 | Business

Meredith Whitney, the Wall Street analyst who received death threats after writing a negative report about Citigroup, has predicted that financial sto...

What Bear Stearns' Meltdown Means To You

ABC News | ALICE GOMSTYN | Posted 05.25.2011 | Business

Think the Bear Stearns meltdown isn't affecting you? You might want to check your investments before you answer. Large mutual funds commonly found in...

Obama, Clinton Cite Economic Distress

AP | TOM RAUM | Posted 05.25.2011 | Politics

WASHINGTON — Democratic congressional leaders urged President Bush on Monday to do more to address the housing woes at the root of the spreading...

Billionaire Lewis Loses $1.16B On Bear Stakes

Bloomberg | Katherine Burton and Sree Vidya Bhaktavatsalam | Posted 05.25.2011 | Business

Joseph Lewis, the billionaire investor who bought 9.4 percent of Bear Stearns Cos. last year, lost $1.16 billion on his stake after JPMorgan Chase & C...