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Jp Morgan

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.

A Progress Report on Impact Investing

Ben Thornley | Posted 06.02.2015 | Impact
Ben Thornley

Topline numbers on market size and growth always steal the show when JP Morgan and the GIIN release findings from their annual survey of impact investors.

Another Way to Serve

Rob Taub | Posted 06.30.2015 | Impact
Rob Taub

(John O'Connor [left] at a ceremony conducted at the Army Navy Country Club in Arlington, Virginia.) Most of us have a story about 9/11 and John O'...

Google's Remarkable Monopoly on Data Intrigues Europeans

Mark Weinstein | Posted 06.07.2015 | Business
Mark Weinstein

In Monopoly the game, you buy properties, pay fines, and try to stay out of jail. In monopoly, the real-life big business version, you use all your leverage to dominate markets, manipulate industries, avoid fines, and hire lawyers to keep you out of jail. And most of the time you do win.

Big Banks Abuse Consumers and Shake It Off

Jorge Newbery | Posted 05.30.2015 | Business
Jorge Newbery

When the US Justice Department announced last August that it was levying a $17 billion penalty against Bank of America for its role in bringing on the mid-2000s housing crisis, pundits said the sheer size of the fine would make all banks take notice.

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...

A Tale of Two Cases

Bartlett Naylor | Posted 05.10.2015 | Business
Bartlett Naylor

It is the best of times if you're a crook at a mega-bank. It is the worst of times if you're in debt and dare to omit information on your bankruptcy declaration. Consider two federal cases dealing with perjury during bankruptcy.

Zach Carter

Bernie Sanders Agrees With Goldman Sachs .. Sort Of

HuffingtonPost.com | 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

HuffingtonPost.com | Ben Walsh | Posted 01.14.2015 | Business

We should all do so well while under assault.

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.

Ben Walsh

JPMorgan's $22 Billion Shortfall Is Basically An Illusion

HuffingtonPost.com | 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.

How We Can Honor Our Vets Every Day

Caroline Cunningham | Posted 01.10.2015 | DC
Caroline Cunningham

Veterans Day is an important time to look for ways we can support these brave men and women in our own communities. It's an opportunity for all of us to remember the sacrifices our fellow citizens have made on our behalf, and to shine a bright light on their needs.

Zach Carter

How The Fed Blew Its Most Important Job For Over Three Years

HuffingtonPost.com | Zach Carter | Posted 10.22.2014 | Politics

WASHINGTON -- The Federal Reserve was aware of risky practices at JPMorgan Chase as early as 2008 but failed to follow up for more than three years un...

Captive Customers: Outsourcing Prison Services Is Ruining Lives and Bilking Taxpayers

Donald Cohen | Posted 12.20.2014 | Politics
Donald Cohen

Introducing for-profit companies into America's criminal justice system has been a bad deal for governments across the country.

Ben Walsh

JPMorgan Seems Less And Less Interested In Lending Money

HuffingtonPost.com | 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.

How Wall Street Still Gets Its Way in Washington, DC

Dennis M. Kelleher | Posted 12.07.2014 | Politics
Dennis M. Kelleher

The Boston Globe about Wall Street's secretly purchased influence in Washington, D.C. was somewhat mistitled as being about the "struggle for the Democratic Party's Soul." It's also about how Wall Street's virtually unlimited cash secretly influences the key debates as well as the policy outcomes in the nation's capital.

Ben Walsh

Chase Bank Refuses To Admit How Many People Were Actually Hacked

HuffingtonPost.com | Ben Walsh | Posted 10.07.2014 | Business

JPMorgan Chase is refusing to say how many individuals had their personal information stolen by hackers in the recent massive security breach. But tha...

Investing for Impact to 'Save the World'

Pioneers for Change | Posted 11.15.2014 | Impact
Pioneers for Change

When I was 17, I was rather intent on doing something to "save the world", which is not so unusual at an age where your ideals drive a lot of your ambitions. What perhaps was unusual was that I was already resolute on my plan to do so.

Russian Hackers Said to Loot Gigabytes of Big Bank Data

Bloomberg | Posted 08.28.2014 | Business

Russian hackers attacked JPMorgan Chase & Co. and at least four other banks this month in a coordinated assault that resulted in the loss of gigabytes...

Why An Anti-Gay Organization Is Calling For A Boycott Of This Global Bank

The Huffington Post | Curtis M. Wong | Posted 07.18.2014 | Gay Voices

The National Organization for Marriage (NOM) is targeting JP Morgan Chase in its latest boycott, following reports of a survey distributed to internat...

Michael McAuliff

Elizabeth Warren To Yellen: You Can Break Up The Big Banks

HuffingtonPost.com | Michael McAuliff | Posted 07.15.2014 | Politics

WASHINGTON -- Sen. Elizabeth Warren (D-Mass.) raised concerns Tuesday in a hearing about whether financial behemoths targeted by "too-big-to-fail" law...

Zach Carter

House Passes Bill To Aid Koch Brothers, Deregulate Wall Street

HuffingtonPost.com | Zach Carter | Posted 06.25.2014 | Politics

WASHINGTON -- The U.S. House of Representatives on Tuesday passed a financial deregulation package that would benefit the Koch brothers and the nation...

Forbes List -- The World's 100 Most Powerful Women 2014

Sugar Rautbord | Posted 08.24.2014 | Business
Sugar Rautbord

Moira Forbes delivered a Trifecta on the track for Thoroughbred Women running and winning and earning success governed by the four Forbes metrics: money, media presence, spheres of influence, and technology.

Who Wants to Be a Trillionaire?

Jeremy Balkin | Posted 08.10.2014 | Impact
Jeremy Balkin

Imagine what the world would look like if impact investing had the same mainstream acceptance as value investing? There would be fewer people imprison...

Send In the Clowns

D. Sidney Potter | Posted 08.03.2014 | Business
D. Sidney Potter

Since time memorial, man has been motivated by an easy buck and short skirts. The recent frenzy of mortgage lenders to repeat the mistakes of history may be upon us again, as some lenders are experiencing 'greed creep' all over again.