While the repeal of Glass-Steagall was certainly a part of making our system fragile to the point where it is at today, thinking that a simple solution like breaking up the banks will be the panacea that we seek is incredibly naïve.
Despite widespread crime of various types across all classes of society, most Americans polled were comfortable trusting their own "moral compass." Let's see how we did with that in July.
In spite of attempts to get to the bottom of the causes of the crisis and propose appropriate remedies, many recommendations that have been proposed have been stalled by both political leaders who can't seem to agree on the appropriate level of regulation.
Today, Federal Reserve Chairman Ben Bernanke will be testifying before a House Financial Services Committee. Would it not be timely if he were asked about the role the Fed plays in facilitating the bank holding companies to hold sway in the oil market?
Questions swirl around the character and timing of Dimon's disclosures to shareholders. His public estimates of losses have been a fraction of reality, and it raises the issue of whether he has materially misled stockholders.
Casper's airy little fist packed no wallop when it came to impeding high-risk betting on Wall Street, the LIBOR lending rate manipulation or the disappearance of client money at MFGlobal. There's a much better way than Casper to catch a bankster: pay them to turn each other in.
Few are even aware of his real name, but the subversive artwork of the artist-blogger known as William Banzai7 isn’t afraid to take dead aim at the ...
Prop trading and gambling with depositors money, together with the housing debacle, has focused the anger of the American people on Wall Street. Dimon has made himself the standout of both excesses and has used his position and the resources of his bank to exacerbate both.
OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said Friday he believes JPMorgan Chase is doing the right things to deal with its multibillio...
Welcome, people who hate sleep, to the Huffington Post live blog of JPMorgan Chase's second-quarter earnings conference call. As much fun as the morni...
As reports that the JPMorgan Chase trading debacle may lead to losses of $9 billion, it's critical that our nation understand what is, and is not, acceptable behavior for a bank in our capitalist economy.
NEW YORK -- JPMorgan Chase stock declined more than 2 percent on Thursday, making it one of the worst-performing banks, after a published report said ...