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Jamie Dimon

JP Morgan's Loss Could Be America's Gain

Joseph A. Palermo | Posted 07.13.2012 | Business
Joseph A. Palermo

The public opprobrium directed at Wall Street throughout 2008 and 2009 met with no satisfactory reformist result. That leaves us with Occupy Wall Street as the only viable option of steering the nation off the course of permanent high unemployment, low wages, and a shredded social safety net.

A Black Mark For Jamie Dimon

AP | PALLAVI GOGOI | Posted 07.12.2012 | Business

NEW YORK — The reputation that Jamie Dimon honed for decades on Wall Street has been severely damaged in a matter of days. In the 1980s and 199...

Jamie Dimon's SNAFU: JPMorgan's Other Derivatives' Losses

Janet Tavakoli | Posted 07.12.2012 | Business
Janet Tavakoli

The United States is trying to pull out of the greatest financial tailspins in its history. Dice-rolling braggadacio by a key officer at one of the nation's largest banks is exactly the kind of thing Congress, taxpayers and voters should find scary.

Barney Frank: JPMorgan's 'Leave Us Alone' Argument Has Blown Up

AP | DANIEL WAGNER | Posted 05.14.2012 | Business

WASHINGTON -- JPMorgan Chase faces intense criticism for claiming that a surprise $2 billion loss by one of its trading groups was the result of a slo...

JPMorgan Chase CEO: I Have No Idea Whether We Broke The Law

AP | Posted 05.11.2012 | Business

NEW YORK -- JPMorgan Chase CEO Jamie Dimon says he does not know whether the bank broke any laws in the surprise $2 billion loss by one of its trading...

Jamie Dimon's 'Meet The Press' Appearance Mired In Controversy

nytimes.com | KEVIN ROOSE and BRIAN STELTER | Posted 07.11.2012 | Media

Jamie Dimon was supposed to appear on NBC‘s "Meet the Press" this weekend for a friendly chat about his firm's Global Cities Initiative, a five-year...

D.M. Levine

On Wall Street, Nothing Has Changed

HuffingtonPost.com | D.M. Levine | Posted 05.11.2012 | Business

If you thought Wall Street had learned its lesson four years after the global financial crisis, JPMorgan Chase's $2 billion trading debacle suggests y...

The Daily Szep -- Jamie Dimon Looking for Dodd-Frank

Paul Szep | Posted 07.11.2012 | Business
Paul Szep

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Mark Gongloff

3 Ways Dodd-Frank Could Have Saved JPMorgan $2 Billion

HuffingtonPost.com | Mark Gongloff | Posted 05.11.2012 | Business

Somebody throw some water on the irony meter because it's burning up: JPMorgan could have been spared the embarrassment and pain of its $2 billion tra...

Why Blaming Jamie Dimon Misses The Point

Peter S. Goodman | Posted 07.11.2012 | Business
Peter S. Goodman

Fun as it may be to beat up on the arrogant Jamie Dimon for the $2 billion-plus derivatives fiasco at JPMorgan Chase, this is like blaming the lion that ate the kid who got too close to its cage at the zoo, rather than going after the guy who allowed such an unsafe cage to be built.

SEC Head: 'All The Regulators Focused On' JPMorgan Loss

AP | MARCY GORDON | Posted 05.11.2012 | Business

WASHINGTON -- The head of the Securities and Exchange Commission says the agency is focused on a surprise $2 billion trading loss by JPMorgan Chase. ...

How J.P. Morgan Chase Has Made the Case for Breaking Up the Big Banks and Resurrecting Glass-Steagall

Robert Reich | Posted 07.11.2012 | Business
Robert Reich

What just happened at J.P. Morgan reveals how fragile and opaque the banking system continues to be, why Glass-Steagall must be resurrected, and why the Dallas Fed's recent recommendation that Wall Street's giant banks be broken up should be heeded.

JP Morgan Debacle Reveals Fatal Flaw In Federal Reserve Thinking

Simon Johnson | Posted 07.11.2012 | Business
Simon Johnson

In the light of JP Morgan's stunning losses on derivatives, announced yesterday but with the full scope of total potential losses still not yet clear (and not yet determined), Jamie Dimon and his company do not look like any kind of appealing role model.

Huge Trading Loss Cast Doubts On Bank Stocks

Reuters | Posted 07.11.2012 | Business

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Why Jamie Dimon Has Egg On His Face

Posted 05.10.2012 | Business

Oh, the irony. After roundly criticizing regulations aimed at preventing banks from taking huge and unsustainable risks with their own money, Jamie...

Mark Gongloff

JPMorgan Chase Admits Big Losses On 'Egregious' Credit Trades

HuffingtonPost.com | Mark Gongloff | Posted 05.11.2012 | Business

JPMorgan Chase has suffered big, unexpected losses at a closely watched trading desk, providing fodder to supporters of a new financial regulation the...

Dimon: I'm Still A Democrat, But Just 'Barely'

The Huffington Post | Jillian Berman | Posted 05.10.2012 | Business

Jamie Dimon is angry. So angry, in fact, that he might just switch teams. The JPMorgan Chase CEO told about 200 people at a conference in Columbus,...

D.M. Levine

Attacking Business = Hating America

HuffingtonPost.com | D.M. Levine | Posted 05.08.2012 | Business

JPMorgan Chase CEO Jamie Dimon took the opportunity at Monday evening's Fortune 500 dinner to hail American business and trash its critics. Speaki...

Heroic Banker Defends Other Heroic Bankers

Mark Gongloff | Posted 07.04.2012 | Business
Mark Gongloff

Jamie Dimon would like you all to stop discriminating against banks now. The golden sun-god CEO of America's greatest bank, JPMorgan Chase, has becom...

CEO Backs Controversial Plan

The Huffington Post | Luke Johnson | Posted 05.04.2012 | Politics

JP Morgan Chase CEO Jamie Dimon on Thursday backed the Simpson-Bowles proposal, which cuts entitlements, other spending and raises taxes to reduce the...

CEO Pay Absolutely Exploding Compared To That Of Workers

The Huffington Post | Bonnie Kavoussi | Posted 07.04.2012 | Business

It's good to be chief executive. American CEOs saw their pay spike 15 percent last year, after a 28 percent pay rise the year before, according to...

Bank CEOs Try To Strong-Arm Fed

The Huffington Post | Mark Gongloff | Posted 04.27.2012 | Business

The banking industry is getting personal in its tireless fight against regulation. Jamie Dimon, chief executive of JPMorgan Chase and the industry'...

Howard Stern Wanted How Much In Stock Awards?

The Huffington Post | Harry Bradford | Posted 04.18.2012 | Business

In the words of his America’s Got Talent co-judge Howie Mandel, radio personality Howard Stern’s lawsuit against SiriusXM is a decisive “no deal...

One CEO's Lonely Quest To Restore Wall Street's Honor

Bloomberg | William D. Cohan | Posted 04.17.2012 | Business

Bloomberg View: There has been a noticeable dearth of leadership on Wall Street after the financial crisis. Where are the senior executives will...

JPMorgan's Whale Problem

Mark Gongloff | Posted 06.13.2012 | Business
Mark Gongloff

So what is this crazy thing JPMorgan Chase has gone and done now, and how worried should we be about it? Actually, it's not that crazy, but that does...