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Jamie Dimon

The Lessons of Repealing Glass Steagall

Dennis M. Kelleher | Posted 11.11.2015 | Business
Dennis M. Kelleher

Protecting the American people from another devastating financial crash and the economic wreckage it causes begins with reflecting honestly about the past and trying to learn the right lessons.

What Jamie Dimon Gets Wrong About iPhones and Inequality

The Huffington Post | Ben Walsh | Posted 09.22.2015 | Business

Jamie Dimon thinks that because people now have iPhones, inequality is a thing of the past. At an event in Detroit last week, the JP Morgan CEO said ...

Wall Street, The Koch Brothers and the Alternative

Mike Lux | Posted 07.15.2015 | Politics
Mike Lux

Wall Street and the Koch brothers have an agenda for America that, unless you are a top executive of a powerful corporate conglomerate, won't work out very well for you. The Democratic Party must embrace a progressive populist economic agenda if it wants to offer a winning alternative in 2016.

Trump, Jeb, Jamie Dimon: Out-of-Touch 1-Percenters

Mike Lux | Posted 07.10.2015 | Politics
Mike Lux

It's not just politicians: Wealthy and powerful financiers regularly show a level of hubris that makes the pols look modest. They say a lot of ridiculous things on a regular basis, but my colleague Lauren Windsor broke a story this week that shows one of these masters of the universe, JPMorgan Chase CEO Jamie Dimon, at his arrogant worst.

Is JP Morgan's CEO Banking on Dodd Frank Repeal?

Lauren Windsor | Posted 07.08.2015 | Politics
Lauren Windsor

The finance industry, already enormous by percentage of the economy and corporate profits, and presumably individual banks like JPMorgan, will be getting even bigger if Dimon is right, which begs the question: Is JPMorgan too big to fail?

A Eulogy for Jimmy Lee

Jamie Dimon | Posted 06.22.2015 | Business
Jamie Dimon

James B. Lee. Jimmy Lee. Jimmy. If you could see what all of us here can see in this sacred place -- the sea of people here to pay their respects from all walks of your life. More importantly, if you could feel the outpouring of deep love that you always cherished, you would be the happiest person on earth.

How Is Jamie Dimon Like a Smoker on an Airplane?

Lynn Parramore | Posted 06.18.2015 | Business
Lynn Parramore

Smokers selfishly pursued their own pleasure without facing up to the harm they were visiting on others. The rules offering a no-smoking section resemble the ineffective capital requirements that the industry lobbyists persuade regulators to adopt.

Amanda Terkel

Jamie Dimon Wants To Mansplain Banking To Elizabeth Warren | Amanda Terkel | Posted 06.11.2015 | Politics

There are few people in Congress who criticize big Wall Street banks more than Sen. Elizabeth Warren (D-Mass.) does. A former Harvard bankruptcy law p...

Alexander C. Kaufman

JPMorgan CEO Jamie Dimon Is Now A Billionaire | Alexander C. Kaufman | Posted 06.03.2015 | Business

NEW YORK -- Jamie Dimon is finally a billionaire. The JPMorgan Chase CEO and chairman’s net worth is now estimated at $1.1 billion, according to ...

The End of Economics

Lyric Hughes Hale | Posted 05.18.2015 | Business
Lyric Hughes Hale

Why was the economics profession caught unaware by the financial crisis of 2008? Why did their models fail to predict a recession that very nearly became a worldwide depression?

U.S. Foreclosures Rise

Jorge Newbery | Posted 06.22.2015 | Business
Jorge Newbery

Lenders started foreclosure against 53,514 homeowners in March, according to RealtyTrac, an increase of 11 percent from February. That brought to 152,147 the number of US homes that started down the bumpy road to foreclosure in the first quarter of 2015.

Guess What Happened When JPMorgan's CEO Visited Elizabeth Warren's Office

The Huffington Post | Samantha Lachman | Posted 03.31.2015 | Politics

WASHINGTON -- A meeting between Sen. Elizabeth Warren (D-Mass.) and Jamie Dimon deteriorated almost immediately after the JPMorgan Chase & Co. CEO vi...

Big-Bank Bad Guys Bully Democracy -- And Blow It

Richard (RJ) Eskow | Posted 05.29.2015 | Politics
Richard (RJ) Eskow

They've cheated customers and defrauded investors. Now they want to use our legalized system of campaign-cash corruption to protect themselves from the very government that rescued them.

Banks Are 'Under Assault'

Steve H. Hanke | Posted 04.04.2015 | World
Steve H. Hanke

I don't anticipate that the Fed will (or should), "tighten" at its Federal Open Market Committee meetings on January 27-28. Nor do I think the Fed will tighten as soon as most people think.

Jamie Dimon, JPMorgan CEO, Gets Millions In Cash Bonus

Reuters | David Henry & Avik Das | Posted 01.22.2015 | Business

Jan 22 (Reuters) - JPMorgan Chase & Co paid Chief Executive Jamie Dimon a first cash bonus in three years, part of a total 2014 pay package of $20 mil...

Zach Carter

Bernie Sanders Agrees With Goldman Sachs .. Sort Of | Zach Carter | Posted 01.16.2015 | Politics

WASHINGTON -- Sen. Bernie Sanders (I-Vt.) doesn't often find common cause with Goldman Sachs. But when it comes to breaking up the world's biggest ban...

Ben Walsh

Jamie Dimon Says Banks Are Under Assault As He Announces $4.9 Billion Profit | Ben Walsh | Posted 01.14.2015 | Business

We should all do so well while under assault.

Russian Roulette: Taxpayers Could Be on the Hook for Trillions in Oil Derivatives

Ellen Brown | Posted 02.28.2015 | Business
Ellen Brown

The sudden dramatic collapse in the price of oil appears to be an act of geopolitical warfare against Russia. The result could be trillions of dollars in oil derivative losses; and the FDIC could be liable, following repeal of key portions of the Dodd-Frank Act last weekend.

If Only John Dillinger Had Memorized His Multiplication Tables

Francis Levy | Posted 02.23.2015 | Business
Francis Levy

It used to be that if you wanted to get rich quick, you'd rob a bank. Now all you have to do is to become a math wiz. Here's how much you can make as a math wiz.

Wall Street's Bad Santas

Lauren Windsor | Posted 02.24.2015 | Politics
Lauren Windsor

In honor of Christmas Eve, and the recent CRomnibus spending bill, a parody of "A Visit from St. Nicholas" ...

JP Morgan Chase, Bernie Madoff's $64.8 Billion Ponzi Scheme and Crime on Wall Street

Dennis M. Kelleher | Posted 02.18.2015 | Business
Dennis M. Kelleher

Despite a deep, close and extremely lucrative relationship that lasted decades, JP Morgan Chase wasn't even required to publicly disclose the information that detailed its complicity in Madoff's scheme, including how much money it made and how.

Finally! A Bipartisan Bill Congress Can Be Proud Of

David Paul | Posted 02.15.2015 | Politics
David Paul

The sound of jingling coins that could be heard as members of Congress skipped off to National and Dulles airports was payment for a job well done.

Ben Walsh

JPMorgan's $22 Billion Shortfall Is Basically An Illusion | Ben Walsh | Posted 12.11.2014 | Business

$22 billion sounds like a lot, but in the context of J.P. Morgan’s hugely profitable business, it’s not a high hurdle for the bank to overcome.

WATCH: Matt Taibbi And JPMorgan Chase Whistleblower Explain $9 Billion Cover-Up

HuffPost Live | Kira Brekke | Posted 11.07.2014 | HuffPost Live 321

Matt Taibbi, the notoriously hard-hitting journalist known for his work with Rolling Stone, published a searing article on Thursday revealing what he ...

Ben Walsh

JPMorgan Seems Less And Less Interested In Lending Money | Ben Walsh | Posted 10.15.2014 | Business

JPMorgan Chase has a problem: It’s taking in money faster than it can lend it out. As long as this trend continues, the biggest bank in America by assets will drift further away from a commercial bank’s core social and economic role of lending.