The nation's five largest mortgage firms may be forced to reduce loan balances for distressed homeowners as part of an agreement with state attorneys ...
We can't solve California's fiscal disaster without addressing the foreclosure crisis. It doesn't make sense to make severe cuts to state and local budgets only to allow Wall Street banks and their overpaid CEOs to drain billions more from our states.
Denver's mayoral race shines a spotlight on the direction of our political process. Does one become elected to higher office through public service or by means and connections to the wealthy?
JPMorgan Chase, the nation's second-biggest bank by assets, exceeded Wall Street's expectations Wednesday, reporting surging profits and higher employ...
Under the surface of his carefully crafted image, it appears that Bernie Madoff was harboring an intense loathing of the financial establishment that he had outwitted for so long.
The retirement plan is said to have lost $2-3 million because of an alleged breach of fiduciary duty by the bank. That's not a lot of money is percent...
If the banks were mandated to stop demonizing the unemployed in unemployment recovery programs, that would allow programs to have a better percentage of success than their current rate of failure.
WASHINGTON - Chase bank, one of the largest issuers of debit cards, has begun telling its customers that as a result of legislation sponsored by Sen. ...
Should banks be allowed to form cartels that manipulate price or is price fixing as illegal on Wall Street as it is on Main Street? Those issues are about to be decided by prosecutors and courts.
We need our president to act on behalf of all Americans to counter and bring to heel the massive influence, lobbying power and money of the oiligopoly. The president does not seem to understand what is happening at the gas pump.
I am astounded, stunned, shocked and ferociously outraged by the amoral performance of the establishment bank in America -- JP Morgan Chase (JPM,NYSE)...
LOS ANGELES -- In a recent interview, United States Treasury Secretary Tim Geithner laid out his view of the nature of world economic growth and the r...
Lending giant JP Morgan Chase is working to increase protections for military borrowers after the company overcharged thousands of service members and...
More than two years have passed since Bernard Madoff was arrested for a massive Ponzi scheme which spanned 16 years and consumed roughly $20 billion i...
While the Wall Street economy is booming, the real economy is in a dead stall. Only 36,000 jobs were created in January 2011. A roundup of recent headlines shines a light on how big banks like JPMorgan Chase make their big bucks.
JP Morgan could be "complicit", i.e. aiding and abetting the Madoff Ponzi scheme, by omission -- that is not fulfilling its duty as a fiduciary -- as well as by commission, according to white collar lawyers I have consulted today.
Earlier today, Military.com and other news agencies reported a big win for a Marine who fought a 5-year legal battle with the behemoth mortgage institution, JP Morgan-Chase.
WASHINGTON -- The nation's four biggest banks can grow even bigger, with the potential to add at least another trillion dollars onto their balance she...
A David vs. Goliath battle is developing this holiday season between hard-working families facing foreclosure and banking giants such as Wells Fargo and JP Morgan Chase.
The Senate Banking Committee will hold hearings after next month's elections to look into allegations that the nation's largest lenders have improperl...