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Jp Morgan Chase

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...

The Non-Mandated Society

Janet Ritz | Posted 06.24.2011 | Business
Janet Ritz

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.

Ryan Grim

Chase Bank Blames Dem Senator For Taking Away Your Disney Dollars

HuffingtonPost.com | Ryan Grim | Posted 05.31.2011 | Politics

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. ...

Banking's Newest Scandal: Alleged Price Rigging

Mark Sunshine | Posted 05.25.2011 | Business
Mark Sunshine

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.

Chase Tests $5 ATM Fee

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business

Bank customers could face $5 ATM fees. In Illinois, JPMorgan Chase is testing $5 fees for non-customers, in Texas, it's $4. If the trial runs make ...

President Obama Gets It Wrong On the Price of Oil and the Strategic Petroleum Reserve

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

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.

Enough Is Enough: Why I Closed My Chase Account

Patricia Malcolm | Posted 05.25.2011 | New York
Patricia Malcolm

We sacrifice, sacrifice, and sacrifice some more for the banks, and we are told it's for the common good. Well, I think we've given up enough.

The Shameful Performance of JP Morgan Chase Re: Madoff

Robert Lenzner | Posted 05.25.2011 | Business
Robert Lenzner

I am astounded, stunned, shocked and ferociously outraged by the amoral performance of the establishment bank in America -- JP Morgan Chase (JPM,NYSE)...

Tim Geithner's Gamble

Project Syndicate | Simon Johnson | Posted 05.25.2011 | Business

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...

On The Brink: Troubled Banks Reach Highest Level In Decades

AP | MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — The number of banks at risk of failing made up nearly 12 percent of all federally insured banks in the final three months of 2010, ...

JP Morgan Chase Rolls Out New Protections for Military Borrowers

Chris Birk | Posted 05.25.2011 | Business
Chris Birk

Lending giant JP Morgan Chase is working to increase protections for military borrowers after the company overcharged thousands of service members and...

Bernie Madoff: Banks 'Had To Know' Of Fraud

Posted 05.25.2011 | Business

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...

Banksters Back in the Black: JP Morgan Chase

Mary Bottari | Posted 05.25.2011 | Business
Mary Bottari

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 May Be Complicit in Madoff Scam

Robert Lenzner | Posted 05.25.2011 | Business
Robert Lenzner

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.

Bank Bailouts: 'The Screwing Of The American People' (VIDEO)

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business

In a video exploration of the bank bailouts, two cute creatures decide the bank bailouts amount to "the screwing of the American people." In the n...

JP Morgan-Chase "Accidentally" Foreclosed on Military Mortgages: Violated Decades of Existing Law

Torrey Shannon | Posted 05.25.2011 | Business
Torrey Shannon

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.

Shahien Nasiripour

Trillion-Dollar Banks Could Get Bigger Under Financial Overhaul Law

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

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...

WATCH: JPMorgan Wrongly Forecloses On 14 Military Families

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business

JPMorgan Chase has admitted to overcharging military families on their mortgages, and illegally foreclosing on 14 families, NBC News reports. NBC's...

Los Angeles Homeowners Take to the Streets to Protest Foreclosure Abuses

Peter Dreier | Posted 05.25.2011 | Los Angeles
Peter Dreier

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.

Senate Foreclosure Hearing Set For November

Reuters | Posted 05.25.2011 | Politics

The Senate Banking Committee will hold hearings after next month's elections to look into allegations that the nation's largest lenders have improperl...

The Emo Executive: A Self-Help Plan for Jamie Dimon

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

I don't hate Dimon, but his bank continues to harm millions of Americans, and his political activism is helping an entire industry pilfer and endanger the economy. Fortunately, we have a six-step program designed to heal Dimon's Inner Banker.

Jamie Dimon: Becoming Too Big To Save -- Creating Fiscal Disaster

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

JP Morgan's Jamie Dimon is very good at getting what he wants. And now he wants to run a bigger, more interconnected, and more global bank that -- if it were to fail -- would cause great chaos around the world.

Nervous Insurer Halts New Policies Over Banks' Bad Foreclosure Docs

USA Today | Posted 05.25.2011 | Business

Old Republic National Title Insurance, among the nation's largest title insurance companies, will no longer write new policies for homes foreclosed up...

America's Anger at the Great Financial Bailout and the Press' Continuing Inability To Understand Why

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

What galls most Americans is the manner in which Wall Street rewarded itself after it was the public that took the risk of bailing them out.