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Jp Morgan Chase

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.

Big Banks vs. American Businesses: "Section 716" Forces Congress to Choose

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

The debate over derivatives has become a proxy fight that pits American businesses -- the engines of economic growth -- against the megabank lenders who have been using publicly provided discounts to make out like bandits.

JP Morgan Chase Lectures America on the Sanctity of Contracts

Rabbi Shmuley Boteach | Posted 05.25.2011 | Business
Rabbi Shmuley Boteach

There are moral, decent, and charitable people on Wall Street. But as an industry, it is becoming a graveyard of ethics and a carnival of consumption.

Republican Defenders of Wall Street Beware: The Tea Party Is Coming

Robert Creamer | Posted 05.25.2011 | Business
Robert Creamer

Wall Street is a powerful political "wedge" issue. Lining up with the Wall Street Banks this spring is going to be really bad politics for Republicans this fall.

JPMorgan Chase Profits from Destruction in Appalachia

Gloria Reuben | Posted 05.25.2011 | Green
Gloria Reuben

JPMorgan Chase's success is based, in part, on being the largest underwriter of coal companies that engage in mountaintop removal coal mining, which has turned countless Appalachian communities into ghost towns.

Titanic: Too Big to Fail

Michael Kaplan | Posted 05.25.2011 | Business
Michael Kaplan

Nothing is too big to fail; instead, the bigger it is, the more insidious and devastating its modes of failure must be. Engineers, at least, know this: it seems someone forgot to tell the bankers.

Charter Vultures Circle the Public Schools

Alan Singer | Posted 05.25.2011 | New York
Alan Singer

We our now entering the second round of "Race to the Top." State legislatures are busy worshiping at the alter of "charter schools" in order to establish their eligibility.

What Big Banks Fear More Than the CFPA

Stacy Mitchell | Posted 05.25.2011 | Business
Stacy Mitchell

At stake in the financial reform debate is an issue that has received far less attention than the CFPA, but is at least as important: Whether Congress will restore the authority of states to oversee national banks.

The 10 Most Disliked Companies In America: Harris Interactive

Huffington Post | Nathaniel Cahners Hindman | Posted 05.25.2011 | Business

How much does the public value corporate leadership? Harris Interactive's latest corporate reputation survey, which measures how Americans view some ...

Today Is the Day to Cut Up Your Credit Cards (VIDEO)

Don McNay | Posted 05.25.2011 | Business
Don McNay

It never ceases to amaze me how many people think they are smarter than the credit card game. It reminds me of people who are trying to outfox casinos.

Wall Street and Legalized Loan Sharks

Don McNay | Posted 05.25.2011 | Books
Don McNay

Gary Rivlan notes in his book, Broke USA, "the working poor have become big business." You wouldn't think that poor people would be a growth market, but businesses make big money off people who live paycheck to paycheck.

The Fed in Hot Water

Robert Reich | Posted 05.25.2011 | Business
Robert Reich

Much of what Ben Bernanke and Tim Geithner did in 2008 was presumably necessary. But the public has no way of knowing. The public doesn't even know who else the Fed has bailed out, or what entities it will bail out in the future.

The F Word: CA Banks: Who Are They Working For?

Laura Flanders | Posted 05.25.2011 | Politics
Laura Flanders

Does it seem right to you that a state's ability to stay afloat should be the stuff of secretive betting pools? That's just what's happening. While st...

JP Morgan Bank: Jobless Benefits Causing More Joblessness

Robert Garcia | Posted 05.25.2011 | Business
Robert Garcia

JP Morgan Bank is paying a man to research and publish an insulting analysis about statistics that have nothing to do with real people, their real lives and the real pressures they face.

Matt Taibbi: Wall Street Lobbyists Vs. The Rest Of The World

rollingstone.com | Matt Taibbi | Posted 05.25.2011 | Business

It's early May in Washington, and something very weird is in the air. As Chris Dodd, Harry Reid and the rest of the compulsive dealmakers in the Senat...

The Chase Report

Reverend Billy | Posted 05.25.2011 | Green
Reverend Billy

JP Morgan Chase's annual report was sent to us by Rainforest Action Network (RAN). It is a masterpiece of Orwellian bland-speak. I quote the part a...

American Women to Dodd: Size Matters

Mary Bottari | Posted 05.25.2011 | Business
Mary Bottari

As women and as taxpayers, we are writing to tell Senator Dodd that size matters. As he gets ready to take up bank reform in committee next week, we need to talk.

Make Wall Street Pay for Creating New Jobs

Richard Trumka | Posted 05.25.2011 | Business
Richard Trumka

$9 million in stock options as a 2009 bonus for Goldman Sachs CEO Lloyd Blankfein is now considered a big concession from Wall Street. Before we all start applauding, let's take another look at what's really happening on Wall Street.

Have Faith

Reverend Billy | Posted 05.25.2011 | Green
Reverend Billy

We've seen the failure of saving the earth through shopping, lawsuits and compromising with Wal-Mart. Faith is far deeper -- and it's what we need to counter a man-made apocalypse.

For Biggest Banks, Deposits Remain Sticky

Dennis Santiago | Posted 05.25.2011 | Business
Dennis Santiago

Despite the high intrigue of Washington politics and the grass roots displeasure across the nation, it remained business as usual for the big four banks as far as Main Street's deposits were concerned.

Move Your Money and Save

Stacy Mitchell | Posted 05.25.2011 | Business
Stacy Mitchell

Big banks impose much higher costs on their customers than small banks and credit unions do. Moving our money could save us billions of dollars a year.

NEWS: Arrests, Actions: Blowing Off Thumbs of Soldiers, Blowing Off Mountaintops, Does JP Morgan Chase Fund Crime?

Jeff Biggers | Posted 05.25.2011 | Green
Jeff Biggers

Racketeering: The federal Racketeer Influenced and Corrupt Organizations Act (RICO) (18 USC §§ 1961-1968) prohibits (1) acquiring, establishing, or ...

Bonus Watch

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

Ordinarily, I don't care how much members of the brass make. Success is a beautiful thing, right? But with this round of Wall St. bonuses, the companies would not be standing without taxpayer-funded rescues.

The Only Way to Restore the Flow of Credit to Small Businesses

Stacy Mitchell | Posted 05.25.2011 | Business
Stacy Mitchell

Big banks have constricted lending, making small banks the key to restoring the flow of credit. But their capacity to do so during a recession hinges on whether the Senate reauthorizes a key loan-guarantee program.

Move Your Borrowing Along with Your Money

Stacy Mitchell | Posted 05.25.2011 | Business
Stacy Mitchell

As we start down the path of breaking up with the big banks and defending our own economic interests and that of our communities, we should think about the whole range of financial services we use.