iOS app Android app

Jamie Dimon

Obama Is No FDR, We're No Mass Movement

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

Obama has made his share of blunders. But his statement that we "don't begrudge" the high salaries on Wall Street is about the dumbest thing he's ever said.

Grayson Explains Capitalism To Banks (VIDEO)

Posted 05.25.2011 | Politics

"In capitalism, winners have to win and losers have to lose." Representative Alan Grayson (D-Fla.) laid out one of the most basic principles of capi...

Palin Trumps Obama - On a Trojan Horse Filled With Bankers

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

The Tea Party plan is simple: Use anti-bank rage to help the Republicans win, so they can give banks even more power. Can the banksters really outsmart the Democrats and pull off a trick like that?

Where Elizabeth Warren Got It Wrong

Jason Paez | Posted 05.25.2011 | Business
Jason Paez

The simple truth is that when American corporations pursue profit -- successfully or not -- as long as they stay within the law, they are functioning exactly as we designed them to.

Wall Street Punishes Democrats, Pours Money Into GOP Coffers

The New York Times | Posted 05.25.2011 | Politics

If the Democratic Party has a stronghold on Wall Street, it is JPMorgan Chase.Its chief executive, Jamie Dimon, is a friend of President Obama's from ...

John Boehner Complained To J.P. Morgan CEO About Donations

Posted 05.25.2011 | Politics

The Wall Street Journal reports today that "Republicans are stepping up their campaign to win donations from Wall Street, trying to capitalize on an i...

GOP Fund Raisers Capitalizing on Bankers' Regret Over Backing Obama

The Wall Street Journal | Posted 05.25.2011 | Politics

Republicans are stepping up their campaign to win donations from Wall Street, trying to capitalize on an increasing sense of regret among executives a...

Congress Exposes Potential Profiteering in AIG's Deals: Delay Enabled Further Cover-Up

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

Goldman is not solely responsible, but it has a large role in AIG's crisis and a unique position of conflicted interest and influence over the terms of the bailout. Now that the crisis is over, this issue should be reopened.

Did the Huffington Post Bring J.P. Morgan Chase to Heel?

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

As far as one could tell, the financial press and its many commentators were absent from the advanced negotiations between JP Morgan and RBS Sempra. But it didn't take much to make the White House aware.

One Year Before Crisis, I Told Jamie Dimon and Warren Buffett AIG Had Serious Trouble (and Goldman Sachs Knew Too)

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

The mark-to-market losses were just one part of the problem. AIG had a grave problem just from this position alone, and AIG had other serious problems.

Jason Linkins

Obama Lunches With Jamie, Rex And Ed: Just Everyday Americans, Right?

HuffingtonPost.com | Jason Linkins | Posted 05.25.2011 | Politics

As you may have heard, the White House is responding to the loss of a single Senate seat with an elaborate display of panicked populism that basically...

Five Popular Delusions Castrating America

Michael B. Laskoff | Posted 05.25.2011 | Politics
Michael B. Laskoff

The following is purely bi-partisan in its vitriol, but the crystallizing moment occurred on Tuesday when a former nude model with a truck beat a bori...

One sorry column

Yvette Kantrow | Posted 05.25.2011 | Media
Yvette Kantrow

Let me apologize in advance for this column. In fact, let me apologize for every column I've written over these past 10 years that may have irked, irr...

Andrew Ross Sorkin:

nytimes.com | ANDREW ROSS SORKIN | Posted 05.25.2011 | Business

Can a bank be too big? That was one of the more interesting questions to come up during the Financial Crisis Inquiry Commission hearing last week, th...

Who Will Chris Dodd Dance With?

Matthew Filipowicz | Posted 05.25.2011 | Business
Matthew Filipowicz

Elizabeth Warren is right. What's about to happen could be The final showdown between banks and American families. Do we have a chance in this sho...

Shahien Nasiripour

Will The Banks Win Again? Bailout Watchdog Rallies Support For Consumer Protection Agency

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The battle in the Senate over a proposed consumer financial protection agency is the final show-down between banks and American families, bailout watc...

Obama Bank Tax Could Face Legal Battle From Wall Street

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Critics of the Obama administration's proposed bank tax have called the levy arbitrary, punitive and unfair. Now they may repeat those same claims in ...

10 Things We Learned at the Financial Crisis Inquiry Commission

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

It is possible to be sorry without actually apologizing, and probably a pretty good idea. As Jamie Dimon noted, those who want apologies "have to be very specific" about their requirements.

Shahien Nasiripour

Financial Crisis Commission Testimony: READ The Latest Updates

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

FINANCIAL CRISIS INQUIRY COMMISSION UPDATES: The Financial Crisis Inquiry Commission held its first hearing in Washington today; with another session...

Best CEOs Of The Decade (PHOTOS, POLL)

Huffington Post | Grace Kiser | Posted 05.25.2011 | Business

The 2000s certainly seem like a ghastly decade. The era's already fabled financial debacles -- among them, Enron's bankruptcy, the burst of the tech b...

Jamie Dimon, JPMorgan Chase CEO: Mega-Banks Should Be Allowed To Fail -- The Right Way

washingtonpost.com | Jamie Dimon | Posted 05.25.2011 | Business

Our company, J.P. Morgan Chase, employs more than 220,000 people, serves well over 100 million customers, lends hundreds of millions of dollars each d...

RT @huffbusiness "My Brother Works At Goldman, And He's An Idiot!" More GREAT Quotes From Sorkin's "Too Big To Fail"

Posted 05.25.2011 | Business

New York Times scribe Andrew Ross Sorkin's much-anticipated book Too Big To Fail may be the closest we'll ever get to being a fly on the wall during l...

Michael Hirsh: Financial Crisis Inquiry: Just Political Theater?

newsweek.com | Michael Hirsh | Posted 05.25.2011 | Business

One sure measure of a successful Washington hearing is the presence of tension, lots of it. Key witnesses are put on the spot. Truths are revealed und...

FCIC Commissioner Asks Public For Questions, HuffPost Readers Answer

Posted 05.25.2011 | Business

Bill Thomas, vice chairman of Financial Crisis Inquiry Commission (FCIC) is asking Americans to submit their questions for bankers the commission is s...

John Mackey: The Anti-CEO

Peter Schwartz | Posted 05.25.2011 | Business
Peter Schwartz

Whole Foods CEO John Mackey is clearly an odd man out in the Club of CEOs.