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Jamie Dimon

Wall Street CEOs Warn 'Very Grave' Consequences Of Default

Reuters | Posted 09.27.2011 | Business

Chief executives from the nation's largest financial firms Thursday pressured the White House and Congress to reach a deal on the debt ceiling and def...

Breakup Of Mega-Banks May Now Be A Feasible Option

The New York Times | Jesse Eisinger | Posted 09.26.2011 | Business

What was made can be unmade. JPMorgan Chase and Wells Fargo may have venerable names, but they and the pseudo-venerable Citigroup and Bank of Ameri...

Tim Geithner: Banks' Interests 'Not Aligned' With Those Of American Economy

The Huffington Post | James Sunshine | Posted 09.17.2011 | Business

Despite warnings from JPMorgan Chase CEO Jamie Dimon that the U.S. government may be suffocating the American economy recovery through over-regulation...

Shahien Nasiripour

WATCH: Senior Obama Administration Official Says Government Hasn't Sufficiently Probed Foreclosure Abuses

HuffingtonPost.com | Shahien Nasiripour | Posted 09.14.2011 | Business

WASHINGTON -- A top Obama administration official on Thursday questioned the scope of the state and federal investigations into alleged mortgage abuse...

Shahien Nasiripour

JPMorgan Chase Profit Jumps 13 Percent Despite Mortgage Woes

HuffingtonPost.com | Shahien Nasiripour | Posted 09.13.2011 | Business

NEW YORK -- JPMorgan Chase, the second-largest U.S. bank by assets, reported a 13 percent jump in profits, to $5.4 billion, as lending continued to sl...

JPMorgan CEO Jamie Dimon Predicts Default Could 'Severely Damage' U.S.

AP | By PALLAVI GOGOI | Posted 09.13.2011 | Business

NEW YORK -- JPMorgan Chase & Co. CEO Jamie Dimon says a U.S. default would be catastrophic for the U.S. and the global economy. Speaking with journal...

Want to Solve All Your Problems, Rupert Murdoch? Become a Banker.

Richard (RJ) Eskow | Posted 09.12.2011 | Business
Richard (RJ) Eskow

Rupert Murdoch's got problems. But there's an easy way for him to save his company: Turn the News Corporation into a Wall Street bank. There won't be any prosecutions, and the government will even sweeten the deal with billions of dollars in easy money.

JPMorgan Chase Gets Dismissal Of Madoff Conspiracy Lawsuit

Posted 09.06.2011 | Business

NEW YORK (Jonathan Stempel) - A federal appeals court threw out a lawsuit accusing JPMorgan Chase & Co of violating U.S. racketeering law by consp...

JPMorgan Close To Overtaking BofA As Biggest U.S. Bank

Posted 09.06.2011 | Business

NEW YORK (David Henry) - JPMorgan Chase & Co is close to vaulting past Bank of America Corp to become the biggest bank in the United States, but i...

On Obama, Wall Street Shows A Reluctance To Commit

The New York Times | ANDREW ROSS SORKIN | Posted 08.27.2011 | Business

President Obama's $35,800-a-plate fund-raising dinner was the talk of Wall Street last week....

Jamie Didn't Know: The Tragic Legacy of JPMorgan Chase's CEO

Richard (RJ) Eskow | Posted 08.27.2011 | Business
Richard (RJ) Eskow

We can already suspect that Dimon's legacy will be written with the words "Jamie didn't know." Given the level of corporate malfeasance in his organization during his tenure as CEO, it seems that he's been a remarkably unobservant executive.

Even Hurting Banks Are Still Very Profitable

TIME.com | 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

HuffingtonPost.com | 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.