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Jp Morgan Chase

Shutdowns and the Real World

Mike Lux | Posted 01.23.2014 | Politics
Mike Lux

The shutdown is the story of the moment. But there are also other real things going on in the real world that have huge consequences for, yes, real people -- and the media shouldn't ignore those other stories.

Is the President Selling Out Higher Education to Wall Street?

Les Leopold | Posted 11.26.2013 | Business
Les Leopold

The Obama Administration is transporting Wall Street logic into higher education by proposing to measure the value of a college by the earnings of its graduates. This conceptual coup may be the best news for Wall Street since the abolition of Glass-Steagall.

Obama and Holder's "Too Big to Jail" sticks it to Main Street

Don McNay | Posted 11.26.2013 | Business
Don McNay

I've been a fierce critic of Wall Street and especially the Wall Street bailouts. If you study my writing over the years, there is one bank that get...

Bank Bailouts & Financial Skulduggery: A Lesson from History

Adrian Teal | Posted 11.26.2013 | Business
Adrian Teal

As if one were needed, the news that JP Morgan Chase & Co. has been embroiled in yet another banking scandal is a reminder that the world of finance long ago hocked its cracked and dented moral compass to the pawnbroker.

Zach Carter

Another Whopping JPMorgan Chase Legal Settlement Under Discussion

HuffingtonPost.com | Zach Carter | Posted 09.26.2013 | Business

WASHINGTON -- Federal and state authorities are discussing an $11 billion settlement with JPMorgan Chase that would resolve numerous allegations of mo...

Obama's Friends in Low Places

Robert Scheer | Posted 11.23.2013 | Politics
Robert Scheer

Why are we not surprised that Obama has done nothing to break up the too-big-to-fail banks, the biggest now being Dimon's? Don't be fooled by the occasional fines; the banks have used the interest-free money to grow ever larger and more unaccountable in their behavior.

JPMorgan Chase: "Incredibly Guilty"

Richard (RJ) Eskow | Posted 11.20.2013 | Politics
Richard (RJ) Eskow

Fairness demands that we say it again: It may very well be that leadership team at JPMorgan Chase is  shocked -- shocked! -- at all this criminality, and may simply lack the basic managerial skills needed to end it.

SHOCK: Dimon Finally Admits His Bank Broke The Law

The Huffington Post | Mark Gongloff | Posted 09.19.2013 | Business

In the years since the financial crisis, we may not have solved too big to fail, sent any bankers to jail, or done much to prevent another financial c...

The Future of Regional and Community Banking

Mary Buffett | Posted 11.03.2013 | Business
Mary Buffett

Community and smaller-to-mid-sized regional banks serve a variety of interests. They tend to favor the needs of local and mid-sized businesses or specific socio-economic communities who want a more personalized approach to banking.

Mark Gongloff

Wall Street Continues To Document Really Sketchy Stuff In Spreadsheets

HuffingtonPost.com | Mark Gongloff | Posted 08.29.2013 | Business

When will Wall Street ever learn? For years it has left evidence of its lawbreaking in emails and instant messages. Now it can't seem to stop document...

JPMorgan Faces $6 Billion Legal Hit: Report

The Huffington Post | Mark Gongloff | Posted 08.28.2013 | Business

U.S. officials may want to extract a London Whale-size legal settlement from JPMorgan Chase. The Federal Housing Finance Agency wants JPMorgan, the...

Eleazar David Melendez

JPMorgan Would Be Worth More In Pieces, Analyst Says

HuffingtonPost.com | Eleazar David Melendez | Posted 08.26.2013 | Business

Breaking up JPMorgan Chase & Co. could make billions of dollars available to the economy and be a boon to the bank's own shareholders, according to on...

Sherry Hernandez: Stuck in the Revolving Door

Joel Sucher | Posted 10.14.2013 | Business
Joel Sucher

Sherry's story follows an all too familiar trajectory and one that any homeowner who's had the misfortune of dealing with nobody's-favorite-mortgage-company, Countrywide Financial, can relate to.

JPMorgan Investors Shrug Off 27 Days Of Bad Press In Single Quarter

The Huffington Post | Mark Gongloff | Posted 08.12.2013 | Business

No wonder JPMorgan Chase is too big to fail: It's squeezing at least two very different banks inside one. One bank is an (alleged!) serial troublem...

Mark Gongloff

JPMorgan Investors Aren't Too Worried About New Probes

HuffingtonPost.com | Mark Gongloff | Posted 08.08.2013 | Business

If it's Thursday, it must mean that JPMorgan Chase is in some kind of trouble again. This has become such a common thing that JPMorgan investors hardl...

CHARTS: JPMorgan's Penalty Payouts Dwarfed By Monstrous Profits

The Huffington Post | Mark Gongloff | Posted 07.31.2013 | Business

JPMorgan Chase's $410 million deal to settle charges it manipulated electricity markets in California and Michigan brings the amount the bank has paid...

Goldman Sachs, JP Morgan Chase: Pulling an Enron With Commodities

Joseph A. Palermo | Posted 09.20.2013 | Business
Joseph A. Palermo

Goldman Sachs is doing to aluminum exactly what Enron did to energy in the late 1990s and early 2000s: create phony bottlenecks to restrict supply to rip off consumers and skew markets in their favor for things society vitally needs.

Look Who's In Trouble Again

The Huffington Post | Mark Gongloff | Posted 07.17.2013 | Business

JPMorgan Chase is in another pickle, one that reportedly could cost it a billion dollars. The Wall Street Journal reported on Wednesday (subscripti...

Mark Gongloff

JPMorgan Chase Fires Back At Elizabeth Warren

HuffingtonPost.com | Mark Gongloff | Posted 07.12.2013 | Business

Shocking news: JPMorgan Chase is not exactly jazzed about some recent plans to regulate banks, including Elizabeth Warren and John McCain's bill to re...

JPMorgan Made Mistakes In Debt Collection Lawsuits, Review Finds

Reuters | Sakthi Prasad | Posted 07.10.2013 | Business

(Reuters) - JPMorgan Chase & Co made mistakes while suing thousands of its credit card customers over non-payments, the Wall Street Journal reported,...

Mark Gongloff

No Bank Lobbies Harder Than JPMorgan

HuffingtonPost.com | Mark Gongloff | Posted 05.31.2013 | Business

When it comes to working the refs, no bank works harder than JPMorgan Chase. The biggest U.S. bank by assets spent $8 million lobbying Congress on ...

Mark Gongloff

Jamie Dimon Win Sends A Dangerous Message To Wall Street

HuffingtonPost.com | Mark Gongloff | Posted 05.21.2013 | Business

JPMorgan Chase shareholders have signed a billion-year contract to join the Cult Of Jamie Dimon. For better or worse. With their overwhelming vote ...

Jamie Dimon To Remain Chairman, CEO Of JPMorgan

Posted 05.21.2013 | Business

JPMorgan Chase shareholders voted to let Jamie Dimon keep both his chairman and CEO roles Tuesday, The New York Times is reporting. In the wake of...

Good Governance Requires Dimon to End Dual Roles at J. P. Morgan Chase

Frank Vogl | Posted 07.12.2013 | Business
Frank Vogl

Breaking up the biggest banks because they are perceived as "too big to fail" is unrealistic. What is needed, however, are improvements in the transparency and the accountability of governance in these institutions.

A Pathological Moral Environment

Mike Lux | Posted 07.07.2013 | Politics
Mike Lux

If this deadly dynamic isn't solved -- if the biggest banks aren't broken up, if the Department of Justice doesn't start prosecuting crime in the financial sector -- our country will in the not too distant future see a financial crisis far worse than in 2008.