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Jpmorgan Chase

Wall Street Profits On Pace For Record, Industry Recovering 'Faster Than Expected': NY State Comptroller

Posted 11.19.2009 | Business

Read More: JPMorgan Chase, Goldman Sachs, Merrill Lynch, New York State Comptroller, Wall Street Profits, Thomas P. DiNapoli, Bank of America, Financial Crisis, Wall Street Earnings, New York City, Bank Holding Companies, Business News

It took Wall Street just one year to make its way back to record profits. According to a report released Tuesday by the comptroller of New York State...

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Derivatives Reform: 'Tricky Exceptions' Leave Market Unchecked: The Nation

thenation.com | William Greider | Posted 11.13.2009 | Business

Read More: Goldman Sachs, JPMorgan Chase, Morgan Stanley, Economy, Derivatives, Barney Frank, Bank of America, Regulatory Reform, Obama Administration, Derivatives Trading, Financial Regulation, House Financial Services Committee, Citigroup, Transparency, Business News

The Obama administration promised to reform the financial system and make it safe for the rest of us, but recent Congressional action is more likely t...

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Jamie Dimon, JPMorgan Chase CEO: Mega-Banks Should Be Allowed To Fail -- The Right Way

washingtonpost.com | Jamie Dimon | Posted 11.13.2009 | Business

Read More: Tarp, Bank Failure, JPMorgan Chase, Resolution-Authority, Bailout, Too Big to Fail, Banks, Federal Reserve, Jamie Dimon, Fiscal Policy, Business News

Our company, J.P. Morgan Chase, employs more than 220,000 people, serves well over 100 million customers, lends hundreds of millions of dollars each d...

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Bear Stearns Juror: I'd Still Invest With Cioffi, Tannin, U.S. Case Weak

bloomberg.com | Patricia Hurtado and Thom Weidlich | Posted 11.11.2009 | Business

Read More: Ralph Cioffi, JPMorgan Chase, Bear Stearns Juror, Bear Stearns Fraud Trial, Bear Stearns Hedge Fund, Brooklyn, Jenny McCaughey, Matthew Tannin, Serphanie Stimpson, Business News

Nov. 11 (Bloomberg) -- Prosecutors missed the mark so widely in the fraud trial of Bear Stearns Cos. hedge fund managers Ralph Cioffi and Matthew Tann...

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Wall Street Bonuses At Big Three Banks May Be Up 60% From Last Year

bloomberg.com | Michael J. Moore and Ian Katz | Posted 11.10.2009 | Business

Read More: JPMorgan Chase, Goldman Sachs, CEO Pay, Morgan Stanley, Bailout, Financial Reform, Banks, Big Three Banks, Bank Bonuses, Wall Street Pay, Wall Street Bonuses, Business News

Nov. 9 (Bloomberg) -- Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co.'s investment bank, survivors of the worst financial crisis sin...

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Shahien Nasiripour

JPMorgan Chase Says New Credit Card Law To Cost Firm At Least Half A Billion Dollars A Year

HuffingtonPost.com | Shahien Nasiripour | Posted 11.10.2009 | Business

Read More: Transparency, Financial Crisis, JPMorgan Chase, Jamie Dimon, Credit Cards, Consumer Protection, Credit Card Industry, Business News

The nation's second-largest bank said a new law that limits unfair rate hikes and hidden fees will cost it as much as $750 million a year. JPMorgan...

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Wall Street's Record Bonuses Return: Analysts Predict $30 Billion In Bonuses At Big 3

Bloomberg | Michael J. Moore and Ian Katz | Posted 11.09.2009 | Business

Read More: Tarp, Income Gap, White House, Executive Pay, Income Inequality, Economy, Obama, Capitalism, The Fed, Recession, JPMorgan Chase, Goldman Sachs, Morgan Stanley, Unemployment, Bailout, Tim Geithner, 2009 Bonuses, Treasury, Banks, Bonuses, Kenneth Feinberg, Ken Feinberg, Wall Street Bonuses, Business News

Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co.'s investment bank, survivors of the worst financial crisis since the Great Depressio...

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Banks' 2008 Stock Options Turning Out To Be Most Lucrative Payouts Ever

The New York Times | LOUISE STORY | Posted 11.08.2009 | Business

Read More: Recovery, Goldman Sachs, Bank of America, Economy, Lloyd Blankfein, Obama, Compensation, Tim Geithner, Wells Fargo, White House, American Express, Finance, Treasury, JPMorgan Chase, Banks, Capital One, Ken Feinberg, Wall Street, Kenneth Feinberg, Wall Street Bonuses, Executive Pay, Citigroup, Business News

Banks cut bonuses last year and shifted more pay into stock and options from cash, a tactic that lawmakers supported for its emphasis on long-term per...

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JPMorgan Settlement: Bank To Pay SEC Over $700M Over Charges Of Illegal Payments

AP | MARCY GORDON | Posted 11.05.2009 | Business

Read More: Charles LeCroy, JPMorgan Settlement, JPMorgan Chase, Municipal Bonds, Sec, Jefferson County Alabama, Douglas MacFaddin, Securities and Exchange Commission, Business News

WASHINGTON — JPMorgan Chase & Co. has agreed to pay $75 million in fines and forfeit $647 million in fees to settle federal regulators' charges ...

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Shahien Nasiripour

Jamie Dimon, Head of JPMorgan Chase: "Everyone Should Be Allowed To Fail"

HuffingtonPost.com | Shahien Nasiripour | Posted 10.28.2009 | Business

Read More: JPMorgan Chase, Bear Stearns and JPMorgan Chase, J.P. Morgan Chase, Washington Mutual, Too Big to Fail, Regulatory Reform, Office of Thrift Supervision, Ots, Financial Crisis, Aig, Jamie Dimon, Sifma, Financial Regulation, Business News

The head of the country's second-biggest bank, considered by many to be "too big to fail," said Tuesday that no firm should be immune from failure. ...

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My City Is Being Invaded by Banksters

Matthew Filipowicz | Posted 10.24.2009 | Business

Read More: American Banking Association, Aba, Bonus Outrage, Banksters, Wall St, Goldman Sachs, Aig, JPMorgan Chase, Wall Street Crisis, Showdown in Chicago, Bailout, Lehman Brothers, Chicago, Seui, Bonuses, Wall Street Bonuses, American Bankers Association, Business News
Matthew Filipowicz

In mere days, my city, Chicago will be overrun by the worst of the worst. The lowest of the low. Criminals who have affected more lives than any mug...

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Wall Street Donating Little To Obama

The New York Times | DAVID D. KIRKPATRICK | Posted 10.20.2009 | Politics

Read More: Bear Stearns, Deval Patrick, White House, Citigroup, Chase, Christopher Dodd, Economy, Lehman Brothers, Obama, Bailout, Dinner, Democratic Party, John Corzine, Merrill Lynch, Goldman Sachs, JPMorgan Chase, Wall Street, Hedge Funds, Banks, Fundraiser, Dnc, Republicans, Contributions, Politics News

The Wall Street giants that received a financial lifeline from Washington may have no compunction about paying big bonuses to their dealmakers and tra...

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JPMorgan Chase: Tales of Foreclosures, Trusts And Incompetence

Christopher Brauchli | Posted 10.15.2009 | Business

Read More: Foreclosures, Banks, JPMorgan Chase, Workout, Bank Bailout, Home Foreclosures, Business News
Christopher Brauchli

JPMorgan Chase is a Big Bank. Us common people just don't understand the challenges that Big Banks face. If we did, we wouldn't expect them to care about us or our financial problems.

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Too Big To Fail: The Best Quotes From Andrew Ross Sorkin's Book (PHOTOS)

Posted 10.16.2009 | Business

Read More: Lloyd Blankfein, Hank Paulson, Slidepoll, Stanley Druckenmiller, Jamie Dimon, Dick Fuld, JPMorgan Chase, Goldman Sachs, Gary Cohn, Morgan Stanley, Lehman Brothers, Tim Geithner, Andrew Ross Sorkin, Financial Crisis, Wachovia, Business News

New York Times scribe Andrew Ross Sorkin's much-anticipated book Too Big To Fail may be the closest we'll ever get to being a fly on the wall during l...

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What Consumers Can Do About Overdraft Fees

Christine Escobar | Posted 10.14.2009 | Business

Read More: U.S. Bank, Wells Fargo Bank, Banks Overdraft Fees, Consumer Spending, Bank of America, Overdraft Protection, Harris Bank, JPMorgan Chase, The Center for Responsible Lending, Banks vs Credit Unions, Consumer Financial Protection, Overdraft Fees, Banks, Consumer Protection, Consumers Fighting Back, Christine Escobar, Business News
Christine Escobar

Even if you're embarrassed to admit it, you're very likely among the estimated 50 million Americans who have been overdrawn on their checking account in the course of any given year.

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Wall Street Pay To Hit Record, Up 20 Percent Over '08: WSJ

AARON LUCCHETTI and STEPHEN GROCER | Posted 10.14.2009 | Business

Read More: Tarp, JPMorgan Chase, Goldman Sachs, Wall Street Pay, Wall Street, Wall Street Bonuses, Bank of America, Citigroup, Business News

Major U.S. banks and securities firms are on pace to pay their employees about $140 billion this year -- a record high that shows compensation is rebo...

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JPMorgan Interest-Only Loan Periods: Bank Works With Administration On Breaks For Borrowers

bloomberg.com | Jody Shenn and Dawn Kopecki | Posted 10.13.2009 | Business

Read More: JPMorgan Chase, Treasury Department, Making Home Affordable, Home Mortgages, Loans, Obama Administration, Business News

Banks will push the Obama administration to expand its mortgage-modification program to allow interest-only periods on reworked loans, seeking to brin...

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Shahien Nasiripour

One Company Responsible For Nearly Half Of All Permanent Mortgage Modifications

HuffingtonPost.com | Shahien Nasiripour | Posted 10.13.2009 | Business

Read More: Elizabeth Warren, Making Home Affordable, Mortgage Servicers, Wells Fargo, Ocwen, Bank of America, Barack Obama, JPMorgan Chase, Mortgages, Loan Modifications, Subprime Mortgages, Bailout Bandits, Bailout, Bailout Watchdog, Financial Crisis, Congressional Oversight Panel, Business News

Nearly half of the permanent home loan modifications under the government's plan to help troubled borrowers come from a single company that handles le...

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Marcy Kaptur's Fight Club

Allison Kilkenny | Posted 10.11.2009 | Politics

Read More: Goldman Sachs, JPMorgan Chase, Wall Street Bailout, Wall Street, Bailout, Marcy Kaptur, Henry Paulson, Timothy Geithner, Capitalism, Politics News
Allison Kilkenny

Today, the New York Times announced the 100th small bank failure of 2009. Don't expect any mourning. The bank isn't named "JPMorgan Chase."

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Bank Of America's Merrill Acquisition Makes Up 30% Of Bank's Profits

bloomberg.com | David Mildenberg | Posted 10.05.2009 | Business

Read More: Bank of America, Merrill Lynch, JPMorgan Chase, Ken Lewis, Business News

Oct. 5 (Bloomberg) -- Merrill Lynch & Co., which helped bring down Kenneth D. Lewis, may end up saving his bank. The decision by the 62-year-old Ba...

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JPMorgan's Jamie Dimon: Banks Shouldn't Be Too Big To Fail, Except When They Are

bloomberg.com | David Reilly | Posted 11.30.2009 | Business

Read More: Bloomberg, Treasury Department, JPMorgan Chase, Financial Reform, Barney Frank, Too Big to Fail, Banks, David Reilly, Obama Administration, Jamie Dimon, Business News

Sept. 30 (Bloomberg) -- It was surprising to hear JPMorgan Chase & Co. Chief Executive Jamie Dimon say, "It would be a very bad long-term policy error...

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Is Credit Evil?

Don McNay | Posted 11.29.2009 | Business

Read More: Financial Peace, Kentucky Guardianship Administrators, Capital One, Investment Risk, Big Money, Cnbc, Aig, Mortgages, Richmond Ky, Home Prices, Christian Author, Financial Crisis, Immediate Annuity, American College, Tax-Refund-Anticipation-Loans, Lexington, Personal Finance, Credit Card Fees, McNay Settlement Group, Msfs, Payday Lending, Structured Settlement, Citigroup, Chfc, Loan Sharks, Home Mortgages, Car Loans, Upside Down, Larry Burkett, Kentucky, Don McNay, Payday Loans, Credit Crisis, Structured Settlement Annuity, Credit Cards, Fox Business News, Clu, American Express, Dave Ramsey, JPMorgan Chase, Cnn, Subprime Mortgages, Credit, Vanderbilt University, Syndicated Radio, Million Dollar Round Table, Eastern Kentucky University, Fox News, Warren Buffett, Cssc, Annuity, Race Track, Too Big to Fail, High Interest Rates, Christian Financial Concepts, Louisvile, Business News
Don McNay

I've watched many people get in trouble with upside down car loans, second mortgages or high interest rate financing. Credit keeps many people from living within their means. Then a friend told me he was buying a large house.

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Bill Winters, JPMorgan's Head Of Investment Banking, Will Leave Company

AP | STEPHEN BERNARD and SARA LEPRO | Posted 11.29.2009 | Business

Read More: JPMorgan Chase, Steve Black, Bank, Banks, Jamie Dimon, Jes Staley, Investment Banking, Bill Winters, Business News

NEW YORK — JPMorgan Chase & Co. named Jes Staley the head of its investment bank, a move that puts Staley in a position to become the new CEO sh...

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401(k) Investing: 8 Zombie Stocks To Avoid

BloggingStocks | Michael Shulman | Posted 11.28.2009 | Business

Read More: 401(K), Investing, JPMorgan Chase, Freddie Mac, Zombie Stocks, General Motors, Wells Fargo, Bank of America, Fannie Mae, Aig, Zombie Banks, Ford, Citigroup, Business News

Right now there are few things scarier than the post-market report on CNBC. It's almost like watching a horror movie. And I've got some zombie stoc...

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Credit Card Delinquencies Up, Worst Yet To Come

Posted 11.15.2009 | Business

Read More: JPMorgan Chase, Bank of America, Financial Crisis, Main Street, Ben Bernanke, Credit Cards, Consumer Spending, Recession, Citigroup, Business News

Despite optimistic pronouncements from the nation's financial stewards, a recovery is not in the cards. At least not anytime soon, judging by the late...

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