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Jp Morgan Chase

The Chase Report

Reverend Billy | Posted 05.25.2011 | Green
Reverend Billy

JP Morgan Chase's annual report was sent to us by Rainforest Action Network (RAN). It is a masterpiece of Orwellian bland-speak. I quote the part a...

American Women to Dodd: Size Matters

Mary Bottari | Posted 05.25.2011 | Business
Mary Bottari

As women and as taxpayers, we are writing to tell Senator Dodd that size matters. As he gets ready to take up bank reform in committee next week, we need to talk.

Make Wall Street Pay for Creating New Jobs

Richard Trumka | Posted 05.25.2011 | Business
Richard Trumka

$9 million in stock options as a 2009 bonus for Goldman Sachs CEO Lloyd Blankfein is now considered a big concession from Wall Street. Before we all start applauding, let's take another look at what's really happening on Wall Street.

Have Faith

Reverend Billy | Posted 05.25.2011 | Green
Reverend Billy

We've seen the failure of saving the earth through shopping, lawsuits and compromising with Wal-Mart. Faith is far deeper -- and it's what we need to counter a man-made apocalypse.

For Biggest Banks, Deposits Remain Sticky

Dennis Santiago | Posted 05.25.2011 | Business
Dennis Santiago

Despite the high intrigue of Washington politics and the grass roots displeasure across the nation, it remained business as usual for the big four banks as far as Main Street's deposits were concerned.

Move Your Money and Save

Stacy Mitchell | Posted 05.25.2011 | Business
Stacy Mitchell

Big banks impose much higher costs on their customers than small banks and credit unions do. Moving our money could save us billions of dollars a year.

NEWS: Arrests, Actions: Blowing Off Thumbs of Soldiers, Blowing Off Mountaintops, Does JP Morgan Chase Fund Crime?

Jeff Biggers | Posted 05.25.2011 | Green
Jeff Biggers

Racketeering: The federal Racketeer Influenced and Corrupt Organizations Act (RICO) (18 USC §§ 1961-1968) prohibits (1) acquiring, establishing, or ...

Bonus Watch

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

Ordinarily, I don't care how much members of the brass make. Success is a beautiful thing, right? But with this round of Wall St. bonuses, the companies would not be standing without taxpayer-funded rescues.

The Only Way to Restore the Flow of Credit to Small Businesses

Stacy Mitchell | Posted 05.25.2011 | Business
Stacy Mitchell

Big banks have constricted lending, making small banks the key to restoring the flow of credit. But their capacity to do so during a recession hinges on whether the Senate reauthorizes a key loan-guarantee program.

Move Your Borrowing Along with Your Money

Stacy Mitchell | Posted 05.25.2011 | Business
Stacy Mitchell

As we start down the path of breaking up with the big banks and defending our own economic interests and that of our communities, we should think about the whole range of financial services we use.

Citizens United Reveals the Danger of Our Right Wing Supreme Court

Mitchell Bard | Posted 05.25.2011 | Politics
Mitchell Bard

Here is the dirty little secret the GOP doesn't want you to know: The four extreme right wing Supreme Court justices are as activist as any judges can get.

A Tale of Two Banks: Florence Mutual Savings and JPMorgan Chase

Christopher Whalen | Posted 05.25.2011 | Business
Christopher Whalen

JPM beat market expectations regarding Q4 earnings, but came in a little light on revenues. We believe that "revenue lite" is going to be the story for the entire banking industry in 2010.

Who Says the Bad News Is Over?

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

Sometimes, it takes a swift kick in the can to wake us up to reality. That may have occurred last Friday when the Dow got hammered for close to a 101-point loss.

Drew Peterson Sues JP Morgan Chase To Restore Credit Line

Chicago Sun-Times | KARA SPAK | Posted 05.25.2011 | Chicago

Drew Peterson, accused of killing his third wife, sued JP Morgan Chase in federal court late Monday, accusing the bank of illegally cutting off a siza...

Obama's Pay Cuts Let Big Boys off the Hook

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

Unfortunately, the administration doesn't have the moxie to go after the most outrageous salaries and bonuses that are about to flow.

GOP Uses ACORN To Fight Bank Redlining Law

AP | SHARON THEIMER and PETE YOST | Posted 05.25.2011 | Politics

WASHINGTON — Conservative Republicans are capitalizing on the troubles of community activist group ACORN – ranging from charges of voter r...

A Panel of Pros

Jonathan Tisch | Posted 05.25.2011 | New York
Jonathan Tisch

Where will we end up in a new regulated environment? Jonathan Tisch asks some of those closest to President Obama: Bill Daley, lawyer Marty Lipton and Penny Pritzker.

Citigroup's Warrants Provide Low Returns For US Taxpayers | Posted 05.25.2011 | Business

Warrants the U.S. holds in Citigroup Inc., once the most valuable bank in the nation, may provide the lowest return for taxpayers who stepped in with ...

Facebook, JP Morgan Chase To Give $5 Million Dollars To Charity Through Internet Promotion

Posted 05.25.2011 | Impact

Facebook's user base now totals over 300 million people. The social media network thus has the potential to reach more people in a single month than l...

To Create Jobs on Main Street, We Need to Kill Jobs on Wall Street

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

The Billionaire Bailout Society is not a shared society. We're not in it together. What's good for Wall Street is not good for the rest of us...they even get their swine flu shots before we do.

Wall Street and Their Seductive Loan Promotions Tricked Many on Main Street

Rep. John Conyers | Posted 05.25.2011 | Politics
Rep. John Conyers

It is mind-boggling to believe that with such a vast operation, banking giants like JP Morgan Chase were not the least bit aware of the wrongful subprime lending practices being undertaken.

OMG! Greenspan Goes Populist?

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

For Alan Greenspan, the apostle of free markets, to admit that financial free markets are not self-correcting is an enormous concession.

Shahien Nasiripour

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

Report: Treasury Misled Public On Bailouts

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — The credibility of the government's $700 billion financial rescue program was damaged by claims a year ago that all of the initial bank...

FCIC Set To Question Bank CEOs About Financial Meltdown

AP | JIM KUHNHENN | Posted 05.25.2011 | Business

WASHINGTON — Two blocks from the Treasury, where the government not long ago scrambled to save a collapsing financial system, a team of investig...