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Jamie Dimon

New Bank Rules Mean Higher Fees For Customers: Bank Chiefs

Bloomberg | Dakin Campbell | Posted 05.25.2011 | Business

Wells Fargo & Co. Chief Executive Officer John Stumpf said customers, not just the bank, will bear the financial burden for U.S. regulations that cove...

Goldman Sachs, JPMorgan CEOs NOT Invited To Signing Of Financial Reform Bill

Posted 05.25.2011 | Business

When President Obama signs legislation that's being called the most sweeping set of reforms to hit the financial industry since the 1930s, some very p...

Was "Financial Reform" Really Robin Hood In Reverse?

Don McNay | Posted 05.25.2011 | Business
Don McNay

"Financial Reform" will be a boom for people in the payday loan business. There will be many new customers who need bank-like services. It's almost like Congress implemented a plan of "Reverse Robin Hood."

JPMorgan Pulls In Massive Profits In Second Quarter

AP | STEVENSON JACOBS | Posted 05.25.2011 | Business

NEW YORK — JPMorgan Chase & Co. said Thursday its second-quarter net income soared 77 percent to $4.8 billion as a slowdown in losses from faile...

Brett King: Forget more regulation, social media will force transparency

Brett King | Posted 05.25.2011 | Business
Brett King

As President Obama was gearing up last month to push further reforms for the finance sector through congress, the sector lobbyists were also gearing u...

Geithner Works To Mend Administration's Business Ties

foxbusiness.com | Charlie Gasparino | Posted 05.25.2011 | Business

Treasury Secretary Tim Geithner has launched an economic charm offensive, attempting to assure banking and corporate executives that the Obama adminis...

How Many Workers Can You Buy for the Price of One CEO?

DailyFinance | DOUGLAS MCINTYRE | Posted 05.25.2011 | Business

Not all CEOs are as generous as Apple's (AAPL) Steve Jobs. The company's founder makes a mere $1 a year, while a starting sales associate at one of hi...

SU Students Dish on Jamie Dimon (VIDEO)

Jett Wells | Posted 05.25.2011 | College
Jett Wells

Jamie Dimon, CEO of JP Morgan Chase, was named Syracuse University's 2010 graduation commencement speaker in March, to mixed reactions from the student body.

Why Jamie Dimon Is Afraid Of Elizabeth Warren

TIME | Stephen Gandel | Posted 05.25.2011 | Business

There are a lot of reasons to like the idea of a consumer financial protection agency. My colleagues Barbara Kiviat and Michael Grunwald have made the...

Shahien Nasiripour

Apple, Whirlpool Among Companies Calling For Relaxed Standards For Wall Street

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Household names like Apple, Caterpillar and Whirlpool are part of a coalition of companies lobbying Congress to allow Wall Street to escape tough new ...

A Letter -- and a Challenge -- to an Anonymous Wall Street Whiner

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

An anonymous email's been making the rounds on Wall Street from some loser who thinks he's a shark. Let's get this out of the way first: The only thing worse than a spoiled, self-satisfied brat is a whiny, spoiled, self-satisfied brat.

Jamie Dimon, Business Council To Meet With Obama About Economy, Financial Reform

Posted 05.25.2011 | Business

Jamie Dimon, the CEO of JP Morgan Chase, is scheduled to dine at the White House Monday evening with President Obama, according to Bloomberg. Bloom...

WATCH: Wall Street Poker After Dark

Matthew Filipowicz | Posted 05.25.2011 | Comedy
Matthew Filipowicz

Watch as the most corrupt "Too Big To Fail" bank CEOs play a spirited game of "Taxpayer Hold 'Em"! Not with their money, but with yours!

The Most Important Speech the President Has Ever Given

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

Obama can't keep using Tim Geithner or Larry Summers as spokespeople on the issue of financial reform. He has to sell it himself -- strongly, forcefully, and specifically.

Jamie Dimon Should Debate Us

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

Mr. Dimon regards himself as just trying to make a reasonable case regarding what is sensible public policy regarding banking. We would welcome a debate with him in any forum, preferably in public and with TV cameras present.

Corker's Phony Bipartisanship Won't Fix Wall Street

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

The financial crisis hit in the summer of 2007. By the fall of 2008, Wall Street had nearly destroyed itself. Obama put forth a reform proposal in June of 2009. It is now the spring of 2010. The time for action is long overdue.

Goldman Sachs: Too Big to Obey the Law

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

These huge banks will behave better only when and if their executives face credible criminal penalties. This simply cannot happen while these banks are anywhere near their current size.

Are Barack Obama and JP Morgan's Jamie Dimon Breaking Up?

The Breakup | Noam Scheiber | Posted 05.25.2011 | Business

ll of which is to say, if anyone should be attending a state dinner these days, it's Dimon, whom The New York Times once dubbed "President Obama's fa...

Simon Johnson, James Kwak On 'Bill Moyers Journal' (VIDEO): 13 Bankers Authors Explain Financial Crisis, Reform Effort

Posted 05.25.2011 | Business

Simon Johnson and James Kwak, the authors of 13 Bankers, appeared on "Bill Moyers Journal" Friday evening to discuss the financial crisis and the push...

The Case Against Jamie Dimon: Oligopoly, Pain, and Systemic Risk in Five Slides

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

Here's the danger: the centralization of risk and power is leading us right into another disaster. We need to get the banking oligopoly under control. But Jamie Dimon is fighting back tooth and nail. And that's why we must fight Jamie Dimon.

Banking in America: Swimming in the Deep End

Dennis Santiago | Posted 05.25.2011 | Business
Dennis Santiago

It occurred to me that, somewhere along the way, people might be curious about understanding bigger banks in some context other than political vilification.

Syracuse Students Protest Chase CEO As Graduation Speaker

Huffington Post | Posted 05.25.2011 | College

Graduation speaker choices rarely satisfy student bodies -- speakers are either too famous or not famous enough. But some in Syracuse University's cla...

Young Americans: In Rejecting Jamie Dimon, Syracuse Students Speak for the Nation

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

The students at Syracuse University are absolutely right: Dimon's a poor role model. We should be proud that they don't want life guidance from someone who has made a career of plundering the economy in the pursuit of non-productive wealth.

JPMorgan 1Q Earnings 2010: Bank Pulls In $3.3B On Trading Gains

AP | STEVENSON JACOBS | Posted 05.25.2011 | Business

NEW YORK — JPMorgan Chase & Co. reported a $3.3 billion first-quarter profit on big gains in the financial markets even as the Obama administrat...

Obama Administration To Big Bank Chiefs: Stop Lobbying Against Financial Reform

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

The White House is putting the full-court press on the financial industry to get it to stop resisting financial reform efforts that are making their w...