Jp Morgan Chase

Stop Socialism for the Rich: Nationalize Wall Street

Les Leopold | Posted 11.25.2009 | Business


Les Leopold

We should give strong consideration to nationalizing the largest banks in order to run them like public utilities. We also should consider placing banking employees into the civil service system to end the ridiculous wage distortions.

Facebook, JP Morgan Chase To Give $5 Million Dollars To Charity Through Internet Promotion

Posted 11.17.2009 | Impact


Facebook's user base now totals over 300 million people. The social media network thus has the potential to reach more people in a single month than l...

Goldman Sachs does God's Will while 49 Million go Hungry

Les Leopold | Posted 11.18.2009 | Business


Les Leopold

The Department of Agriculture reports that 49 million Americans don't have enough food. That's up 13 million over the last year and is highest number ever recorded since the survey began 14 years ago.

Of Billionaires, Bailouts and Bonuses

Les Leopold | Posted 11.11.2009 | Business


Les Leopold

Let's weigh the pros and cons of the record bonuses going to Goldman Sachs, JP Morgan Chase and Morgan Stanley (and many others) during the worst economic crash since 1929.

Proposals In House Would Curb 'Too Big To Fail' Banks, Firms

Wall Street Journal | DAMIAN PALETTA and MICHAEL R. CRITTENDEN | Posted 11.09.2009 | Politics


Democrats are advancing proposals in Congress designed to limit the size and complexity of financial companies so that any collapse wouldn't damage th...

Bomb Appalachia (and Face the Music)

Michael Gould-Wartofsky | Posted 11.09.2009 | Green


Michael Gould-Wartofsky

Theirs is a coast-to-coast campaign to save Appalachia's mountains and streams -- and Appalachians' homes, jobs, and culture -- from the devastating coal mining practice known as mountaintop removal.

To Create Jobs on Main Street, We Need to Kill Jobs on Wall Street

Les Leopold | Posted 11.07.2009 | Business


Les Leopold

The Billionaire Bailout Society is not a shared society. We're not in it together. What's good for Wall Street is not good for the rest of us...they even get their swine flu shots before we do.

Barney Frank Disagrees With Obama On Fund, May Face Fight With Some Financial Firms

bloomberg.com | Alison Vekshin | Posted 11.02.2009 | Politics


Oct. 31 (Bloomberg) -- Barney Frank, chairman of the U.S. House Financial Services Committee, reversed course on paying to unwind failed financial fi...

Drew Peterson Sues JP Morgan Chase To Restore Credit Line

Chicago Sun-Times | KARA SPAK | Posted 10.28.2009 | Chicago


Drew Peterson, accused of killing his third wife, sued JP Morgan Chase in federal court late Monday, accusing the bank of illegally cutting off a siza...

Shahien Nasiripour

Jamie Dimon, Head of JPMorgan Chase: "Everyone Should Be Allowed To Fail"

HuffingtonPost.com | Shahien Nasiripour | Posted 10.28.2009 | Business


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. ...

Why Growing Income Inequality Is Bad for America

Robert Creamer | Posted 10.27.2009 | Politics


Robert Creamer

The CEO of the average company in the S&P Index makes $10.5 million. That means that on the first workday of the year, he (sometimes she) has made more than the minimum wage workers in his company will make all year.

A Panel of Pros

Jonathan Tisch | Posted 10.26.2009 | New York


Jonathan Tisch

Where will we end up in a new regulated environment? Jonathan Tisch asks some of those closest to President Obama: Bill Daley, lawyer Marty Lipton and Penny Pritzker.

Arianna Discusses Public's Bailout Anger On BBC's Newsnight

Huff TV | Posted 10.25.2009 | Home


Huff TV

Arianna recently appeared on BBC's Newsnight to discuss the economic crisis, the lack of reform, and the effects of the bailout on American society an...

Why Billionaires Should Pay for the Jobless Recovery

Les Leopold | Posted 10.25.2009 | Business


Les Leopold

For the past 30 years we have minted billionaires, and we have created the most unequal distribution of wealth since 1928-29. This didn't happen by accident.

Wall Street and Their Seductive Loan Promotions Tricked Many on Main Street

Rep. John Conyers | Posted 10.23.2009 | Politics


Rep. John Conyers

It is mind-boggling to believe that with such a vast operation, banking giants like JP Morgan Chase were not the least bit aware of the wrongful subprime lending practices being undertaken.

Showdown in Chicago: Creating a "Which Side Are You On" Moment

George Goehl | Posted 10.22.2009 | Business


George Goehl

Until our elected officials know there is a price to pay for siding with big money over everyday people, the average American will continue be on the losing end.

Obama's Pay Cuts Let Big Boys off the Hook

Les Leopold | Posted 10.22.2009 | Business


Les Leopold

Unfortunately, the administration doesn't have the moxie to go after the most outrageous salaries and bonuses that are about to flow.

Dodd's Bill Protects Customers From Abusive Overdraft Fees

Mary Ann West | Posted 10.22.2009 | Business


Mary Ann West

Ninety percent of bank overdraft fees happen to only ten percent of checking account holders, comprising those people who are also the most vulnerable.

Government Aid Fueled Surge On Wall Street

New York Times | GRAHAM BOWLEY | Posted 10.16.2009 | Business


It may come as a surprise that one of the most powerful forces driving the resurgence on Wall Street is not the banks but Washington. Many of the step...

OMG! Greenspan Goes Populist?

Les Leopold | Posted 10.19.2009 | Business


Les Leopold

For Alan Greenspan, the apostle of free markets, to admit that financial free markets are not self-correcting is an enormous concession.

Are You Making the Most of the First Six Months?

Jon Younger | Posted 10.20.2009 | Business


Jon Younger

How do you make the most of the opportunity to bind new employees to the organization through the ways you induct, orient and initially support an employee's cultural integration?

Rewarding Failure: The Bail-Out Bonuses on Wall Street Continue

Robert Creamer | Posted 10.16.2009 | Politics


Robert Creamer

If world-class, reckless risk-taking continues to receive massive economic rewards, then we are headed to another financial collapse in two years -- or five years; or fifteen years.

GOP Uses ACORN To Fight Bank Redlining Law

AP | SHARON THEIMER and PETE YOST | Posted 10.12.2009 | Politics


WASHINGTON — Conservative Republicans are capitalizing on the troubles of community activist group ACORN – ranging from charges of voter r...

Why Our Jobs Crisis From Hell Could Last Decades

Les Leopold | Posted 10.08.2009 | Business


Les Leopold

Remarkably, the America of 2010 is exporting raw materials and importing high tech renewable energy products. And this is happening less than 100 miles from Redmond, the home of Microsoft.

Bank Of America Won't Hike Card Rates

Washington Post | Nancy Trejos | Posted 10.07.2009 | Business


Bank of America said it will not raise credit card interest rates before February, when a law restricting industry practices takes effect, unless a ca...