Jamie Dimon, Head of JPMorgan Chase: "Everyone Should Be Allowed To Fail"
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. ...
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. ...
Hale "Bonddad" Stewart | Posted 07.17.2008 | Business
Poor lending standards have led to the collapse of communities and harder times for cities, beyond Bear Stearns. Shouldn't they be getting some help too?
Raymond J. Learsy | Posted 07.11.2008 | Business
In an interview with Charlie Rose, JP Morgan Chase CEO Jamie Dimon, in his engaging way, asked his audience a seemingly innocuous question: "Who among you is upset with $4 plus gasoline?"
NY Mag | Arianne Cohen | Posted 05.20.2008 | Business
Don't feel too sorry for the soon-to-be-laid-off employees at Bear Stearns: Right now they're getting paid to do nothing. "I'd say 50 percent of my de...
AP | JOE BEL BRUNO | Posted 04.05.2008 | Business
NEW YORK — Bear Stearns Cos. Chairman James Cayne dumped his entire stake in the embattled investment bank for $61 million as it appears closer ...
Huffington Post | Rachel Sklar | Posted 04.02.2008 | Media
Last week was a big one for news: On Monday, the markets opened to news that Bear Stearns had collapsed and was being bought out by JP Morgan; on Tues...
New York Times | Andrew Ross Sorkin | Posted 03.28.2008 | Business
Bear Stearns shareholders are understandably furious about the investment bank's sale to JPMorgan Chase for about $2 a share. Now one of the largest o...
ABC News | Russell Goldman | Posted 03.28.2008 | Business
As investment bank Bear Stearns collapsed, and was sold to JPMorgan Chase for a scant $240 million, its chairman James Cayne played bridge at a tourna...
ABC News | Russell Goldman | Posted 03.28.2008 | Business
Facing the loss of their life savings and very possibly their jobs, employees at investment bank Bear Stearns are turning to trained professionals -- ...
The Huffington Post | Posted 03.28.2008 | Business
Think Progress: White House Defends Bailout Of Wall Street Instead Of Main Street During today's news briefing, reporters questioned White House Pres...
ABC News | ALICE GOMSTYN | Posted 03.28.2008 | Business
Think the Bear Stearns meltdown isn't affecting you? You might want to check your investments before you answer. Large mutual funds commonly found in...
236.com | 23/6: News You Can Misuse | Posted 03.28.2008 | Home
JP Morgan Chase & Co has agreed to buy Bear Stearns (BSC) for the bargain price of two dollars per share. Just last April, BSC shares were selling at ...
NY Times | LANDON THOMAS Jr. | Posted 03.28.2008 | Business
The cash squeeze that brought Bear Stearns to its knees is fanning fears that other investment banks might be vulnerable to the crisis of confidence g...
New York Times | STEVEN LEE MYERS | Posted 03.28.2008 | Politics
As President Bush welcomed the Federal Reserve's sweeping intervention in the financial markets, his administration faced accusations Monday that it s...
AP | TOM RAUM | Posted 03.28.2008 | Politics
WASHINGTON — Democratic congressional leaders urged President Bush on Monday to do more to address the housing woes at the root of the spreading...
Reuters | Martha Graybow | Posted 03.28.2008 | Business
Angry Bear Stearns Co Inc shareholders have wasted no time in calling their lawyers to pursue potential legal recourse over the company's $2-a-share f...
AP | MADLEN READ | Posted 03.28.2008 | Business
NEW YORK — Wall Street ended a temperamental session widely mixed Monday after investors grappled with JPMorgan Chase & Co.'s government-backed ...
Mortgage News Daily | Posted 03.28.2008 | Business
The news wasn't surprising but the price tag was a real stunner. On Sunday J.P. Morgan chase agreed to pay $2 per share to acquire failing Wall Stree...
CNN/Money | Colin Barr | Posted 03.28.2008 | Business
Lehman Brothers (LEH) may be in for a long day. Shares of the brokerage firm slid 15% in early trading after the firm said it's got enough cash to kee...
Bloomberg | Katherine Burton and Sree Vidya Bhaktavatsalam | Posted 03.28.2008 | Business
Joseph Lewis, the billionaire investor who bought 9.4 percent of Bear Stearns Cos. last year, lost $1.16 billion on his stake after JPMorgan Chase & C...
Huffington Post | Posted 03.28.2008 | Business
UPDATED 7:20pm EST: New York Times: Dow Ends Flat After Day Of Gyrations A day that loomed darkly on Wall Street ended with only a modest decline i...
Times | Catherine Boyle | Posted 03.28.2008 | Business
Meredith Whitney, the Wall Street analyst who received death threats after writing a negative report about Citigroup, has predicted that financial sto...
Huffington Post | Posted 03.28.2008 | Business
UPDATED 3/17 AT 8am The AP Reports that global markets are tumbling today on the news that Bear Stearns is being bailed out by JP Morgan Chase: Glo...
New York Times | ANDREW ROSS SORKIN and LANDON THOMAS Jr. | Posted 03.28.2008 | Business
Bear Stearns, facing collapse because of the mortgage crisis, agreed Sunday evening to be bought by JPMorgan Chase for a bargain-basement price of les...
HuffingtonPost.com | Shahien Nasiripour | Posted 10.28.2009 | Business