JPMorgan Chase & Co is cutting 10 percent of its investment banking staff -- about 3,000 jobs -- as the economic slowdown starts to bite into its earn...
Wall Street Journal | ROBIN SIDEL | Posted 11.01.2008 | Business
J.P. Morgan Chase & Co. launched an ambitious plan Friday to modify the terms of $70 billion in mortgages for borrowers who are behind on their paymen...
Jonathan Tasini | Posted 10.31.2008 | Business
Want to know where $40 billion of your taxpayer-financed bailout for bankers is going? Into the pockets of their executives. And that evidence comes s...
ABC News | BRIAN ROSS and RICHARD ESPOSITO | Posted 10.22.2008 | Business
The U.S. Postal Inspection Service posted a $100,000 reward late Wednesday for information about a flurry of threatening letters sent to JP Morgan Cha...
Reuters | Keith Coffman | Posted 10.21.2008 | Business
DENVER, Oct 20 (Reuters) - Ten branches of Chase (JPM.N: Quote, Profile, Research, Stock Buzz) bank in Colorado and Oklahoma received threatening let...
Neil Grossman | Posted 09.28.2008 | Business
JPMorgan ends up with the good part of Wamu for a song -- the taxpayer ends up with "Toxic Waste." Seems to me like a great deal for the taxpayer.
Boston.com | H.D.S. Greenway | Posted 09.24.2008 | Business
But I am thinking of a financial crisis 101 years ago, the "Panic of 1907," as it was called. In late October of that year, the greatest banker of hi...
New York Times | Posted 08.29.2008 | Business
Hot off his record-shattering eight-gold-medal Olympics appearance in Beijing, Michael Phelps has been making the rounds, talking about his accomplish...
Max Keiser | Posted 07.22.2008 | Business
By not deflating the supply of fiat, debt-based exchange units for so many years, the over supply of them, each a claim on America's future, has grown by quantum levels of risk.
Raymond J. Learsy | Posted 07.03.2008 | Business
In an interview with Charlie Rose, JP Morgan Chase CEO Jamie Dimon, in his engaging way, asked his audience a seemingly innocuous question: "Who among you is upset with $4 plus gasoline?"
Kevin Phillips | Posted 06.02.2008 | Business
Is Bernanke ready for a new round of 1932-style talk about abolishing the Fed or impeaching its leaders? Because at least three aspects of his Fed chairmanship have generated major controversy.
AP | MADLEN READ and JOE BEL BRUNO | Posted 05.29.2008 | Business
NEW YORK — Bear Stearns shareholders have approved JPMorgan Chase's buyout, ending the saga of the 85-year-old pillar of Wall Street that crumbl...
New York Post | Paul Tharp | Posted 04.17.2008 | Media
Even in the worst of times, Jamie Dimon keeps sprinting ahead in his winning streak. Although Dimon said his JPMorgan Chase's profit plunged 50 perce...
AP | MADLEN READ | Posted 04.16.2008 | Business
NEW YORK — JPMorgan Chase & Co.'s profit fell 50 percent in the first quarter after the bank took a provision of $5.1 billion to strengthen its ...
Wall Street Journal | Robin Sidel | Posted 04.05.2008 | Business
J.P. Morgan Chase & Co. pulled a number of senior managers from Bear Stearns Cos. into the upper ranks of its investment bank, representing the latest...
AP | MARTIN CRUTSINGER | Posted 04.03.2008 | Business
WASHINGTON — Federal Reserve Chairman Ben Bernanke and the Bush administration on Thursday defended the decision to rescue Bear Stearns amid que...
Henry Blodget | Posted 03.28.2008 | Business
One big Bear Stearns shareholder is no longer hallucinating about a higher JP Morgan bid for the firm: Chairman Jimmy Cayne, a Wall Street legend and one of the few men most responsible for Bear's collapse.
Hale "Bonddad" Stewart | Posted 03.28.2008 | Business
Between toys that might kill our children, a food safety system that isn't working, airlines that might be flying unsafe airplanes, and our entire financial system, it's clear something isn't working.
Alec Baldwin | Posted 03.27.2008 | Business
Is it now true that the only way the US can maintain its standard of living is by exporting bogus wars and bad debt to foreign countries?
AP | TOM RAUM | Posted 03.27.2008 | Business
WASHINGTON — The economy is listing. So it must be time to bail. While there is little enthusiasm for government bailouts in general, voters ar...
Washington Independent | Mary Kane | Posted 03.26.2008 | Business
Now that JPMorganChase has raised its bid for Bear Stearns, angry shareholders seemed to have calmed down and Wall Street isn't as worried that the in...
New York Observer | Tom Acitelli | Posted 03.26.2008 | Business
"I think that one of the things in this crisis all along has been it's like a mystery novel," David Wessel, the economics editor for The Wall Street J...
Motley Fool | Rick Aristotle Munarriz | Posted 03.25.2008 | Business
Yesterday's fivefold increase in JPMorgan's (NYSE: JPM) bidding price for the Al Capone vault that Bear Stearns (NYSE: BSC) has become is as shocking...
AP | JOE BEL BRUNO | Posted 03.24.2008 | Business
NEW YORK — JPMorgan Chase & Co.'s higher offer for Bear Stearns on Monday gave the investment bank control of nearly 40 percent of its ailing ri...
New York Times | ANDREW ROSS SORKIN | Posted 03.24.2008 | Business
JPMorgan Chase was in talks on Sunday night for a deal that would quintuple its offer for Bear Stearns, the beleaguered investment bank, in an effort ...
Tina Fey graces the cover of the January issue of Vanity Fair, and in an...
UPDATE 12/2: Marc Ambinder is reporting that Jeb Bush is considering a run for the Senate to...
President Bush let it all out today during an interview with ABC News' Charlie...
this just in: Governor Palin Neglects Alaska Duties for Partisan Stumping on...
The following is Part I of Sean Penn's piece, Mountain of Snakes (Read Part II here) The
Pardon the metaphor, but Obama is trying to put lipstick on the pig that is US...
President-elect Barack Obama and Vice President-elect Joe Biden met in Philadelphia...
After a 12-day hiatus, Sarah Palin stepped back into the spotlight on Monday to...
Last night, CNN's Campbell Brown criticized President-elect...
DALLAS — Of all the cajoling, snide remarks and...
Now that Americans have footed the bill for more than a...
CHICAGO — Almost one in five young American adults has a personality disorder that interferes...
Dear President-elect and Mrs. Obama: I know that the greening of the White House...
Reuters | Posted 11.20.2008 | Business