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Jp Morgan Chase

Low On Cash? Stay Away From These Five Cities

The Huffington Post | Jillian Berman | Posted 11.27.2011 | Business

Note to those low on cash: Stay away from Denver. At $2.75, the mile-high city has the highest average ATM fee of any place in the country, 35 cen...

Wells Fargo Sues JP Morgan Over Hundreds Of Mortgage Loans

Posted 11.15.2011 | Business

JPMorgan Chase & Co (JPM.N) was sued by Wells Fargo & Co (WFC.N), which seeks to force it to buy back more than 800 soured mortgage loans that it ...

The Debit Is in the Details

Len Hollie | Posted 11.06.2011 | New York
Len Hollie

In August, the Federal Reserve imposed a cap on the fees banks can charge retailers every time customers swipe their debit cards. Why is that important? In addition to banks, consumers may be the biggest losers.

The Freedom of Martin Luther King Jr.

John Fullerton | Posted 10.30.2011 | Green
John Fullerton

Dr. King spoke of two types of freedom -- one from "chains of discrimination" and one from "a lonely island of poverty in the midst of a vast ocean of material prosperity." Somehow his first message has been taken to heart while his second has been forgotten.

JPMorgan Repurchases Soldier's Home Same Day He Returns From Iraq

The Huffington Post | Harry Bradford | Posted 10.11.2011 | Business

In America today, even men and women returning from war can't expect their families to be exempt from the foreclosure crisis. On the same day that ...

JPMorgan CEO: S&P Downgrade 'Just An Opinion'

The Huffington Post | Harry Bradford | Posted 10.10.2011 | Business

Amidst downgrades, debt crises and declining stocks, one of Wall Street's biggest names is keeping it cool. On Wednesday, Jamie Dimon, CEO of JPMo...

How Banks Are Using Bulldozers To Minimize The Foreclosure Glut

TIME | Stephen Gandel | Posted 10.01.2011 | Business

Banks have a new remedy to America's ailing housing market: Bulldozers. There are nearly 1.7 million homes in the U.S. in some state of foreclosure...

Legalized Loan Sharks

Don McNay | Posted 09.28.2011 | Business
Don McNay

"Financial reform" is a boon for people in the payday loan business. When people fall out of the world of traditional banking, they are still going to need bank-like services. Payday lenders will be in position to fill the gap.

Bank May Face Class-Action Suit From Customers For Overdraft Fees

The Huffington Post | Alexander Eichler | Posted 09.27.2011 | Business

In 2003, the San Francisco-based Union Bank adopted a new practice that allowed it to begin charging its customers more overdraft fees. Now, the custo...

Breakup Of Mega-Banks May Now Be A Feasible Option

The New York Times | Jesse Eisinger | Posted 09.26.2011 | Business

What was made can be unmade. JPMorgan Chase and Wells Fargo may have venerable names, but they and the pseudo-venerable Citigroup and Bank of Ameri...

The Shameful Murder Of Dodd-Frank

Robert Reich | Posted 09.19.2011 | Business
Robert Reich

The sad lesson of Dodd-Frank is that Wall Street is too powerful to allow effective regulation of it. The only answer left is to break up the giant banks with antitrust action.

JPMorgan CEO Jamie Dimon Predicts Default Could 'Severely Damage' U.S.

AP | By PALLAVI GOGOI | Posted 09.13.2011 | Business

NEW YORK -- JPMorgan Chase & Co. CEO Jamie Dimon says a U.S. default would be catastrophic for the U.S. and the global economy. Speaking with journal...

Big Banks Easing Terms on Loans Deemed as Risks

nytimes.com | DAVID STREITFELD | Posted 09.02.2011 | Business

As millions of Americans struggle in foreclosure with little hope of relief, big banks are going to borrowers who are not even in default and cutting ...

JPMorgan Report: Tax Holiday Would Pack 'Bigger Punch' Than Fed Policies

The Huffington Post | Alexander Eichler | Posted 08.30.2011 | Business

This post has been corrected. Thomas Lee, chief equity strategist at JPMorgan, would really, really like a tax repatriation holiday. Lee release...

A Billion Dollar Blunder?

Dan Rather | Posted 08.30.2011 | Business
Dan Rather

What if you made a 1.5 billion dollar mistake and couldn't take it back? According to recently unearthed court documents, one of the world's most prestigious law firms may soon face this question.

WATCH: Jamie Dimon Confronts Ben Bernanke On Regulation

James Sunshine | Posted 08.08.2011 | Business

JPMorgan Chase CEO Jamie Dimon continues on his campaign to let everyone know he's not happy with all this financial regulation. On Tuesday, durin...

Anthony Weiner Hands Republicans a Twofer

Joseph A. Palermo | Posted 08.06.2011 | Politics
Joseph A. Palermo

The wars drag on, the economy teeters, climate change unfolds just as the scientists predicted, and the yawning gap between the rich and the rest of us continues to grow. And what are we left with? The spectacle of a guy named Weiner doing naughty things.

Punishment or Pushback: Financial Regulation in the Midst of Recession

David Coates | Posted 07.26.2011 | Business
David Coates

While mainstream America continues to struggle with the recessionary consequences of a meltdown caused by financial excess, large financial institutions are back to profitability and back to their old ways.

JP Morgan Chase CEO Issues Warning At UC Denver's Business School

AP | By CATHERINE TSAI | Posted 07.20.2011 | Denver

DENVER -- It would be a "moral disaster" if the United States were to default on its debts and become unable to pay its obligations, JPMorgan Chase & ...

Shahien Nasiripour

Government May Force Big Banks To Reduce Loan Balances For Distressed Homeowners

HuffingtonPost.com | Shahien Nasiripour | Posted 07.10.2011 | Business

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 ...

Banks Should Pay for the Foreclosure Crisis

Peter Dreier | Posted 07.02.2011 | Business
Peter Dreier

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 -- Pay to Play?

Wade Norris | Posted 06.21.2011 | Denver
Wade Norris

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?

Shahien Nasiripour

JPMorgan Chase Profit Surges 67 Percent As Lending Slows And Pay Jumps

HuffingtonPost.com | Shahien Nasiripour | Posted 06.13.2011 | Business

JPMorgan Chase, the nation's second-biggest bank by assets, exceeded Wall Street's expectations Wednesday, reporting surging profits and higher employ...

What Made Bernie Madoff Tick?

Robert Lenzner | Posted 06.12.2011 | Business
Robert Lenzner

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.

AFTRA Retirement Board Sues JP Morgan Chase

Jonathan Handel | Posted 06.11.2011 | Entertainment
Jonathan Handel

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...