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Jp Morgan Chase

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

Les Leopold | Posted 11.07.2009 | Business

Read More: JP Morgan Chase, Tarp, Goldman Sachs, Morgan Stanley, Unemployment, Bailout, Economic Crisis, Financial Crisis, Barack Obama, Business News
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.

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

bloomberg.com | Alison Vekshin | Posted 11.02.2009 | Politics

Read More: JP Morgan Chase, Treasury Department, Shareholders, Federal Deposit Insurance Corp., Barney Frank, Bloomberg Television, Aig, Obama Administration, Regulate Financial Firms, Financial Services Roundtable, Goldman Sachs, U.S. House Financial Services Committee, Financial Firms, Consumer Financial Protection Agency, Timothy Geithner, Sheila Bair, Political Capital With Al Hunt, Scott Talbott, Politics News

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

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Drew Peterson Sues JP Morgan Chase To Restore Credit Line

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

Read More: JP Morgan Chase, Drew Peterson Credit Line, Drew Peterson, Peterson Jp Morgan, Drew-Peterson-Lawsuit, Chicago News

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...

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Shahien Nasiripour

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

HuffingtonPost.com | Shahien Nasiripour | Posted 10.28.2009 | Business

Read More: JPMorgan Chase, Bear Stearns and JPMorgan Chase, J.P. Morgan Chase, Washington Mutual, Too Big to Fail, Regulatory Reform, Office of Thrift Supervision, Ots, Financial Crisis, Aig, Jamie Dimon, Sifma, Financial Regulation, Business News

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. ...

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Why Growing Income Inequality Is Bad for America

Robert Creamer | Posted 10.27.2009 | Politics

Read More: Howard Rosenthal, Jared Diamond, Aig, Cigna Insurance, Bi-Partisanship, Wall Street Bonuses, Distribution of Income, Nolan McCarty, Wall Street Bail Out, J.P. Morgan Chase, Public Option, Regulatory Reform, Political Polarization, Paul Krugman, Kevin T. Poole, Health Insurance Reform, Politics News
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.

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A Panel of Pros

Jonathan Tisch | Posted 10.26.2009 | New York

Read More: J.P. Morgan Chase, Penny Pritzker, Cafta, Marty Lipton, Bill Daley, Regulation, Free Trade, Economic Recovery, Nafta, Alternative Investment Management, Recession, New York News
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.

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

Huff TV | Posted 10.25.2009 | Home

Read More: JP Morgan Chase, White House, Hank Paulson, Economy, Chase, Regulation, Larry Summers, Obama, Reform, Barack Obama, Recession, Goldman Saks, Bailout, Henry Paulson, Glass-Steagall Act, Home News
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...

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Why Billionaires Should Pay for the Jobless Recovery

Les Leopold | Posted 10.25.2009 | Business

Read More: Tarp, JP Morgan Chase, Goldman Sachs, CEO Pay, Morgan Stanley, Unemployment, Wealth, Bailout, Financial Crisis, Business News
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.

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

Rep. John Conyers | Posted 10.23.2009 | Politics

Read More: JP Morgan Chase, Treasury Department, Legal Services, Foreclosure Crisis, Subprime Mortgage Crisis, Hamp, Mortgage Crisis, Foreclosure, Timothy Geithner, Politics News
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.

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

George Goehl | Posted 10.22.2009 | Business

Read More: JP Morgan Chase, Democratic Congress, Bail Out, Wall Street Crisis, Goldman Sachs Bonuses, Showdown in Chicago, Financial Reform, Wells Fargo, Chicago, Economic Crisis, Bank of America, Financial Crisis, Obama Administration, Banks, Citigroup, Business News
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.

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Obama's Pay Cuts Let Big Boys off the Hook

Les Leopold | Posted 10.22.2009 | Business

Read More: JP Morgan Chase, Andrew J. Hall, Goldman Sachs, Wall Street Crisis, Aig Bonuses, Economic Crisis, Financial Crisis, Barack Obama, Business News
Les Leopold

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

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Dodd's Bill Protects Customers From Abusive Overdraft Fees

Mary Ann West | Posted 10.22.2009 | Business

Read More: JP Morgan Chase, Carolyn Maloney, Checking Account, Maximize Penalties, The Fairness and Accountability in Receiving (FAIR) Overdraft Coverage Act, Wells Fargo, Bank of America, Chris Dodd, Overdraft Protection, Overdraft Coverage Act of 2009, Stamford, Connecticut, Senate Committee on Banking, Overdraft Fees, Housing, Ben Bernanke, Customer Protection, Mario Livieri, Business News
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.

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Government Aid Fueled Surge On Wall Street

New York Times | GRAHAM BOWLEY | Posted 10.16.2009 | Business

Read More: JP Morgan Chase, Banks, Goldman Sachs, Bank Bailout, Bailout, Wall Street, Business News

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...

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OMG! Greenspan Goes Populist?

Les Leopold | Posted 10.19.2009 | Business

Read More: JP Morgan Chase, Goldman Sachs, Bail Out, Morgan Stanley, Wall Street, TARP Money, Economy, Economic Crisis, Financial Crisis, Business News
Les Leopold

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

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Are You Making the Most of the First Six Months?

Jon Younger | Posted 10.20.2009 | Business

Read More: JP Morgan Chase, PNC Financial, JP Morgan, Employees, Financial Services, Recruiting, Human Resources, Accenture, Business, Management, Business News
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?

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

Robert Creamer | Posted 10.16.2009 | Politics

Read More: Executive Compensation, Aig, Wall Street Bonuses, J.P. Morgan Chase, President Obama, Wall Street, Economic Recession, Financial Meltdown, Obama Regulatory Reform Package, Kenneth Feinberg, Politics News
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.

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GOP Uses ACORN To Fight Bank Redlining Law

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

Read More: JP Morgan Chase, Chase, Acorn, Bank of America, Brian Kettenring, Redlining, Mortgages, Cra, Ed Royce, Edward Royce, JP Morgan, Community Reinvestment Act, Phil Gramm, Gop, Jeb Hensarling, Housing Crisis, House Financial Services Committee, Republicans, Banks, Citimortgage, Politics News

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

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Why Our Jobs Crisis From Hell Could Last Decades

Les Leopold | Posted 10.08.2009 | Business

Read More: JP Morgan Chase, Goldman Sachs, Unemployment, Bailout, Income Inequality, Economic Crisis, Bank of America, Financial Crisis, Protectionism, China, Bruce Springsteen, Business News
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.

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Bank Of America Won't Hike Card Rates

Washington Post | Nancy Trejos | Posted 10.07.2009 | Business

Read More: JP Morgan Chase, Interest Rates, Chase, Default, Bofa, Bank of America, Credit Card Rates, Dodd, Congress, Obama, Barack Obama, House Financial Services Committee, Business News

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...

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TARP Watchdog's Report: Treasury Misled Public On Bailouts

AP | MARTIN CRUTSINGER | Posted 10.05.2009 | Business

Read More: JP Morgan Chase, Tarp, Inspector General, Treasury Department, Geithner, Hank Paulson, Troubled Assets Relief Program, TARP Watchdog, Wells Fargo, Bailouts, Bank of America, Merrill Lynch, Wall Street, Finance, Barofsky, Neil M. Barofsky, Banks, Watchdog, Henry Paulson, Report, Timothy Geithner, Wachovia, Citigroup, Business News

WASHINGTON — The credibility of the government's $700 billion financial rescue program was damaged by claims a year ago that all of the initial bank...

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Acorn Loses Bank Of America As Corporate Partner

Wall Street Journal | JAMES R. HAGERTY | Posted 09.28.2009 | Politics

Read More: JP Morgan Chase, Ethics Training, Foreclosure-Prevention, Banks, Acorn Housing, Lending, Wells Fargo, Michael Shea, Undercover Tapes, Tax Evasion, Census, Bank of America, Prostitution, Acorn, Foreclosure, Community Organizing, Politics News

Already facing the loss of federal government funding, the community-organizing group Acorn also has run afoul of one of its big corporate partners, B...

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Question for the Fed and G-20: Why Are Our Banks Running Commodity Casinos?

Raymond J. Learsy | Posted 09.25.2009 | Business

Read More: JP Morgan Chase, Fdic, Goldman Sachs, Politics, Citigroup, Morgan Stanley, World, Oil, Federal Reserve, Financial Crisis, Derivatives, G-20, Business News
Raymond J. Learsy

It is sheer madness, after recent history, to permit banks to become commodity traders, especially with our money. In the old days, commodity traders put their own money on the line.

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Credit Card Nightmare: One Lost Check And A Lifetime of Bankruptcy

Posted 09.23.2009 | Business

Read More: JP Morgan Chase, Credit Debt, Bankruptcy, Bearing Witness 2.0, Credit Card Debt, Bearing Witness, Freedom Financial, Recession, Business News

This story is part of Bearing Witness 2.0. HuffPost has received hundreds of emails from people making tremendous sacrifices in order to weather ...

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Bank of America Pushes Online Banking Over Local Branches

Los Angeles Times | E. Scott Reckard and Jerry Hirsch | Posted 08.29.2009 | Business

Read More: JP Morgan Chase, Tarp, Bailout, Bank of America, Wells Fargo, Ken Lewis, Bank of America Closing Branches, Online Banking, Business News

Bank of America Corp., a pioneer in banking online and through mobile phones, said Tuesday that it was considering closing up to 10% of its 6,100 offi...

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Big Banks to American Public: "Screw You"

Marshall Auerback | Posted 08.21.2009 | Business

Read More: Fdic, JP Morgan Chase, Aig, Bank of America, Goldman Sachs, Tim Geithner, Ben Bernanke, Mike Lux, Business News
Marshall Auerback

Roosevelt Braintruster Marshall Auerback wonders why bailed-out banks are getting giddy with dangerous speculation and sky-high bonuses when the rest of us are still dealing with financial chaos.

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