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Jamie Dimon

Even Hurting Banks Are Still Very Profitable | ZACHARY KARABELL | Posted 08.21.2011 | Business

The latest out of Wall Street-land is a warning by analysts at Citibank that profits at Goldman Sachs and Morgan Stanley (and to a lesser degree at ot...

JPMorgan To Settle With SEC For $153.6M Over Misleading Investors

Posted 08.21.2011 | Business

WASHINGTON/NEW YORK (Sarah N. Lynch and Jonathan Stempel) - JPMorgan Chase & Co said it agreed to pay $153.6 million to settle U.S. Securities and...

JPMorgan Exec Slams Regulations

The Huffington Post | William Alden | Posted 08.16.2011 | Business

Executives at JPMorgan Chase aren't happy about the prospect of the government telling them how much money they must hold over for a rainy day. Th...

WATCH: Jamie Dimon Confronts Ben Bernanke On Regulation

James Sunshine | Posted 08.08.2011 | Business

JPMorgan Chase CEO Jamie Dimon continues on his campaign to let everyone know he's not happy with all this financial regulation. On Tuesday, durin...

Jamie Dimon's Bizarre Idea About Why the Recovery Has Stalled

Robert Reich | Posted 08.07.2011 | Business
Robert Reich

According to JPMorgan Chase CEO Jamie Dimon, the recovery has stalled because of strict banking regulation. I'm not making this up.

Punishment or Pushback: Financial Regulation in the Midst of Recession

David Coates | Posted 07.26.2011 | Business
David Coates

While mainstream America continues to struggle with the recessionary consequences of a meltdown caused by financial excess, large financial institutions are back to profitability and back to their old ways.

JPMorgan CEO: U.S. Debt Default Would Be A 'Moral Disaster'

Posted 07.20.2011 | Business

(AP) DENVER -- It would be a "moral disaster" if the United States were to default on its debts and become unable to pay its obligations, JPMorgan Cha...

JP Morgan Chase CEO Issues Warning At UC Denver's Business School

AP | By CATHERINE TSAI | Posted 07.20.2011 | Denver

DENVER -- It would be a "moral disaster" if the United States were to default on its debts and become unable to pay its obligations, JPMorgan Chase & ...

What Kind of God Do Wall Street Bankers Believe In?

Mike Lux | Posted 07.19.2011 | Business
Mike Lux

There was a pretty amazing moment Tuesday when a JPMorgan shareholder said to CEO Jamie Dimon: "As a person of faith, my God believes you shouldn't take advantage of people when they are down. Do you believe in the same God I believe in?"

Wall Street: Guilty As Charged

Richard (RJ) Eskow | Posted 07.16.2011 | Media
Richard (RJ) Eskow

Roger Lowenstein's piece "Wall Street: Not Guilty" is well worth reading, if only as a case study in the moral and logical blindness that's reached epidemic proportions among otherwise reasonable people in influential Washington and Wall Street circles.

Forget Raj: "Too Big to Fail" is Still "Too Big to Jail"

Richard (RJ) Eskow | Posted 07.12.2011 | Business
Richard (RJ) Eskow

Too Big to Fail banks will continue to endanger the economy because they know they'll be rescued again. The Rajaratnam conviction doesn't change the underlying reality: Too Big to Fail is still Too Big to Jail.

Elizabeth Warren Remains On Short List To Head Consumer Protection Bureau

The Huffington Post | Maxwell Strachan | Posted 07.04.2011 | Business

Elizabeth Warren might become head of the soon-to-open Consumer Financial Protection Bureau after all. President Barack Obama has yet to nominate ...

Shahien Nasiripour

Bank Of America Makes Easy Profits Off Fed While Depositors Get Shortchanged | Shahien Nasiripour | Posted 06.21.2011 | Business

Households are earning so little from their bank accounts that Bank of America, the largest U.S. lender, has pocketed about twice as much cash this ye...

Greenspan Is Back to Lead the Charge Against Responsible Regulation

Ted Kaufman | Posted 06.21.2011 | Politics
Ted Kaufman

Wall Street bankers, with help from key Republicans in the House and Senate, have begun a major campaign across the country to kill the regulations currently being developed to enforce Dodd-Frank Wall Street Reform.

Shahien Nasiripour

JPMorgan Chase Profit Surges 67 Percent As Lending Slows And Pay Jumps | Shahien Nasiripour | Posted 06.13.2011 | Business

JPMorgan Chase, the nation's second-biggest bank by assets, exceeded Wall Street's expectations Wednesday, reporting surging profits and higher employ...

JPMorgan Accused Of Profiting From Souring Investment, While Clients Lost Millions

The Huffington Post | Lila Shapiro | Posted 06.11.2011 | Business

In newly unsealed court document JPMorgan, the nation's second largest bank by assets, is accused of profiting from a troubled investment vehicle, whi...

JPMorgan CEO: Rich Should Pay 'Lion's Share' Of Taxes

Posted 06.06.2011 | Business

WASHINGTON (By Dave Clarke) - The wealthy should pay the largest portion of U.S. taxes, JPMorgan Chase Chief Executive Jamie Dimon said on Tue...

Real Story or April Fool's Joke? "Anne Berkshire-Hathaway" and Six Other Bizarre Economic Tales

Richard (RJ) Eskow | Posted 06.01.2011 | Business
Richard (RJ) Eskow

A review of past stock performance suggests that the stock price for Warren Buffett's Berkshire Hathaway corporation goes up whenever movie star Anne Hathaway is in the news.

Jason Linkins

Jamie Dimon Worries That Financial Regulation Will Doom Banks, Forever | Jason Linkins | Posted 05.31.2011 | Business

Jamie Dimon sees "restrictions on debit card fees" as the final "nail in the coffin for big American banks." Which sounds worrying until you realize that this "nail" doesn't become dangerous until you actually have the wood for a coffin.

Debit Card Sharps: The Fight Over Wall Street's 'Invisible Tax'

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

Think of the debit fee as an invisible, federal sales tax on everything you buy with a card -- except that you never got to vote on it and may not have even known it existed before it came up in the debate over bank reform.

Merchants of Danger

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

The ugly truth, here and in Japan, is this: Unless government regains the will and the ability to regulate private industry, more catastrophes are all but inevitable.

Enough Is Enough: Why I Closed My Chase Account

Patricia Malcolm | Posted 05.25.2011 | New York
Patricia Malcolm

We sacrifice, sacrifice, and sacrifice some more for the banks, and we are told it's for the common good. Well, I think we've given up enough.

MadisonWorld: A Future Where Corporations Have Human Rights... and Humans Don't

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

This week we saw state troopers in Madison tearing peaceful protestors out of their own capitol after the state's Senate voted to deprive them of their Constitutional rights. Welcome to the United States 2.0.

Simon Johnson: New York Fed Making A Big Mistake?

The New York Times | Simon Johnson | Posted 05.25.2011 | Business

An uncomfortable dissonance is beginning to develop within the Federal Reserve. On the one hand, current and former senior officials now generally ag...

3M Chief Executive: 'Obama Is Robin Hood-Esque'

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business

The CEO of industrial giant 3M has blasted Obama as "anti-business," joining the ranks of executives who accused the White House of not understanding ...