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Jp Morgan Chase

Legalizing the Bank Foreclosure Mess

Pat Choate | Posted 05.25.2011 | Politics
Pat Choate

Under pressure, Bank of America has halted mortgage foreclosures in the 23 states that require court approval. So too, have Ally Financial and JP Morgan Chase. Other banks are likely to do the same.

A LETTER TO JAMIE DIMON

Alfred Gingold | Posted 05.25.2011 | Business
Alfred Gingold

Readers of my last Chase Home Weasel Update on Huffpo know that we are four weeks past the talk with the Tax Department's dulcet JoAnne, during which ...

PHOTOS: JP Morgan CEO Sells Mansion For HALF Of First Asking Price

The Huffington Post | William Alden | Posted 05.25.2011 | Business

The latest victim of the dismal housing market is none other than JP Morgan CEO Jamie Dimon. The banker, reportedly a one-time favorite banker of P...

Another Reason to Break up Big Wall Street Banks

Robert Creamer | Posted 05.25.2011 | Business
Robert Creamer

Firms don't engage in price competition because they have a "gentlemen's agreement. If one of them starts undercutting the other they will drive down fees, and all of them see less money. The only way to end this is government action.

Fed Bought Junk Bonds In Maiden Lane Wall Street Rescue, But Didn't Tell Congress

Bloomberg | Caroline Salas, Craig Torres and Shannon D. Harrington | Posted 05.25.2011 | Business

Federal Reserve Chairman Ben S. Bernanke and then-New York Fed President Timothy Geithner told senators on April 3, 2008, that the tens of billions of...

U.S. Worker Productivity Surprisingly Fell In 2nd Quarter

Bloomberg | Courtney Schlisserman | Posted 05.25.2011 | Business

Productivity in the U.S. unexpectedly decreased in the second quarter after employers expanded the workweek by the most in four years even as the worl...

Wall Street and Legalized Loan Sharks

Don McNay | Posted 05.25.2011 | Business
Don McNay

If there was ever a shining example of why you should Move Your Money from Wall Street, legalized loan sharking is a good one.

Round Two: Banks Need to Rebuild What They Broke

George Goehl | Posted 05.25.2011 | Business
George Goehl

Moving forward we need more lending activities to be covered by our community reinvestment laws. Here are three ways our community reinvestment regulations need to be modernized.

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."

Why the CEO of JP MorganChase Should Start Wearing a Cup

Conan Neutron | Posted 05.25.2011 | Comedy
Conan Neutron

Indie musician Sean Michael Carey of the band Vitamin Party has staged a one person campaign to kick Jamie Dimon, the CEO of JP MorganChase, in the balls.

Moffat's Sex. Nietzsche's Memory.

Bill Singer | Posted 05.25.2011 | Business
Bill Singer

It used to be sex, drugs, and rock 'n roll -- now it's sex, drugs, rock 'n roll, politics and Wall Street. For some reason, a lot of folks just get hung up about that sex thing.

Hollywood Banking Takedown: Is JP Morgan Next?

Jeff Steele | Posted 05.25.2011 | Business
Jeff Steele

What does this mean for independent producers? Without a syndication network, banks are going to have to carry more loans on their books, which means they won't be able to do as many deals

I'm Marching Today to Make Wall Street Pay

Richard Trumka | Posted 05.25.2011 | Business
Richard Trumka

Our message is simple: Big Banks tanked our economy and took our money when they needed a bailout. Now they're thumbing their noses at our communities but making billions in profits. It's time they pay up.

Foreclosure Prevention: More Than a Government Solution

Rep. Edolphus Towns | Posted 05.25.2011 | Politics
Rep. Edolphus Towns

If we are going to address the avalanche of nationwide foreclosures, the private sector must do their part help struggling homeowners.

The Rest of Wall Street Is Beginning to Fear the Goldman Spillover

Charles Gasparino | Posted 05.25.2011 | Business
Charles Gasparino

When was the last time a Las Vegas casino was bailed out by the US taxpayer? That's why Wall Street is so concerned about the the public's hatred of Goldman spilling over to force lawmakers to consider some drastic reforms.

Three Modest Proposals For Goldman Sachs

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

Goldman Sachs is at a crossroads. Either they can significantly change their image in our society or they can face the consequences.

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!

Swap Till You Drop: Will Frank Protect Munis from Wall Street's Ticking Time Bombs?

Mary Bottari | Posted 05.25.2011 | Business
Mary Bottari

As the fight for financial reform on Capitol Hill enters its final stages, it is worth reviewing what is being done to protect states and localities from the Wall Street con.

Will the Real Obama Please Stand Up for Reform? Six Ways to Know if the Financial Reforms Are for Real

Les Leopold | Posted 05.25.2011 | Politics
Les Leopold

Obama's working from a flawed theory: "There is no dividing line between Main Street and Wall Street. We are all in this together as one nation." Really? The entire story of this crisis is about how we are not in this together.

Green Reasons to 'Move Your Money': Big Banks and King Coal

Rebecca Tarbotton | Posted 05.25.2011 | Green
Rebecca Tarbotton

While taxpayers were bailing banks out of the financial crisis, banks have been busy funding the climate crisis.

Goldman Accused of Cutting the Brakes

Mary Bottari | Posted 05.25.2011 | Business
Mary Bottari

One of the most salient analogies of the financial meltdown was offered by Financial Crisis Inquiry Commission chair Phil Angelides when he grilled Go...

JPMorgan Sends Mining Team To Afghanistan

New York Times | JAMES RISEN | Posted 05.25.2011 | Business

WASHINGTON -- Mining companies around the world are eager to exploit Afghanistan's newly discovered mineral wealth, but executives of Western firms ca...

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...

Does a Kosher Butcher's Fraud Mandate a Life Sentence?

Rabbi Shmuley Boteach | Posted 05.25.2011 | Politics
Rabbi Shmuley Boteach

Rubashkin is no hero. Whatever the nobility of his intentions, he is a poor example to religious youth. His behavior must and should be condemned. But he is no monster either.

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.