JPMorgan To Cut 9,200 Washington Mutual Jobs
JPMorgan Chase & Co on Monday said it will eliminate about 9,200 jobs at the former Washington Mutual Inc, which on Sept 25 became the largest U.S. ba...
JPMorgan Chase & Co on Monday said it will eliminate about 9,200 jobs at the former Washington Mutual Inc, which on Sept 25 became the largest U.S. ba...
David Paul | Posted 11.15.2008 | Business
The longer this goes on, the more absurd it is becoming. Hank Paulson may know what he is doing. He may have insight that is lost on the rest of us. ...
New York Times | Posted 10.29.2008 | Business
The New York attorney general has expanded his investigation of bonus payments to Wall Street executives whose banking companies are receiving $125 bi...
Danny Schechter | Posted 10.25.2008 | Business
In what was for many an unbelievable chain of events, markets started melting down, confidence shattered and believers in unregulated transactions realized something was very, very wrong.
DealBook | Posted 10.16.2008 | Business
"We did not think JPMorgan should be selfish or parochial and try to stop what is good for the system," he said. Of course, there have also been repo...
AP | MADLEN READ | Posted 10.15.2008 | Business
NEW YORK — JPMorgan Chase & Co.'s profit tumbled 84 percent in the third quarter after it took big hits from souring mortgage investments, lever...
AP | TIM PARADIS | Posted 09.26.2008 | Business
NEW YORK — Financial markets remained on edge Friday after the Bush administration's proposal for a $700 billion banking bailout ran into opposi...
Steve Parker | Posted 09.18.2008 | Green
Today's Detroit News newspaper reports that, because big investment banks such as Goldman Sachs and JPMorgan Chase own huge amounts of GM and Ford cor...
DealBook | Posted 07.08.2008 | Business
Hedge funds are on a hiring binge, taking advantage of cutbacks at investment banks. Star traders, senior executives and whole teams have been recruit...
The New York Times | LOUISE STORY | Posted 06.16.2008 | Business
Only a year ago, Wall Street reveled in an era of superlatives: record deals, record profit, record pay. But a mere 12 months later, nearly half of th...
AP | Posted 05.12.2008 | Business
NEW YORK — JPMorgan Chase & Co.'s chief executive said Monday that while the crisis in the credit markets appears to be three-quarters over, he ...
Financial Times | By Francesco Guerrera and Ben White | Posted 04.16.2008 | Business
JPMorgan Chase remains on the acquisition trail in spite of its recent takeover of Bear Stearns and tough market conditions, Jamie Dimon, chairman and...
Michealene Cristini Risley | Posted 04.08.2008 | Living
It is easy to see the villainous face of someone who steals your identity for their own gain, but what about these "trillion" dollar credit card companies that take your money without your consent?
Jill Brooke | Posted 03.25.2008 | Business
JP Morgan CEO Jamie Dimon has called CEOs of investment banks saying that it would be "unpatriotic" to go after Bear Stearns employees until he has had first choice over who to keep and who to fire.
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...
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 | Landon Thomas Jr. and Eric Dash | Posted 03.20.2008 | Business
James Dimon tramped through the rain on Wednesday evening and strode into the headquarters of Bear Stearns, the embattled investment bank he hopes to ...
ABC News | Russell Goldman | Posted 03.19.2008 | Business
As investment bank Bear Stearns collapsed, and was sold to JPMorgan Chase for a scant $240 million, its chairman James Cayne played bridge at a tourna...
ABC News | Russell Goldman | Posted 03.19.2008 | Business
Facing the loss of their life savings and very possibly their jobs, employees at investment bank Bear Stearns are turning to trained professionals -- ...
Posted 03.18.2008 | Business
Excerpted from the LA Times: Though McCain, Clinton and Obama have talked often about taxes and spending cuts, discussing the tools available to the...
Posted 03.18.2008 | Business
Now that the U.S. government has stepped in to help JPMorgan broker a bailout of Bear Stearns and offer last-minute credit to failing Wall Street firm...
Steven G. Brant | Posted 03.18.2008 | Business
Maybe when Wall Street falls back to Earth, it will be different kind of Earth -- a more humane and compassionate one -- than the one it was on before.
The Huffington Post | Posted 03.17.2008 | Business
Think Progress: White House Defends Bailout Of Wall Street Instead Of Main Street During today's news briefing, reporters questioned White House Pres...
Loretta Napoleoni | Posted 03.17.2008 | Business
The collapse of Carlyle Capital and the rescue of Bear Stearns signal the end of nearly two decades of easy money, cheap credit and soaring global debt.
ABC News | ALICE GOMSTYN | Posted 03.17.2008 | Business
Think the Bear Stearns meltdown isn't affecting you? You might want to check your investments before you answer. Large mutual funds commonly found in...
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 12.01.2008 | Business