Jpmorgan Chase

JPMorgan To Cut 9,200 Washington Mutual Jobs

Reuters | Posted 12.01.2008 | Business

Read More: Layoffs, JPMorgan Chase, Washington Mutual, Finance, Economy, Financial Crisis, Banks, Job Cuts, Washington Mutual Job Cuts, Business News

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...

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Will someone tell Hank it's time to change course in the financial bailout?

David Paul | Posted 11.15.2008 | Business

Read More: JPMorgan Chase, Credit Derivatives, Hank Paulson, Financial Bailout, Mortgage Backed Securities, Subprime Mortgage Crisis, Derivatives, Citibank, Bank of America, Financial Crisis, Credit Default Swaps, Home Foreclosures, Business News
David Paul

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. ...

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Cuomo Investigates Bailout Bonuses At Banking Companies

New York Times | Posted 10.29.2008 | Business

Read More: Merrill Lynch, JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup, Andrew Cuomo, Morgan Stanley, Bailout, Cuomo Lawsuit, Finance, Wells Fargo, State Street, Bank of New York Mellon, Banks, Financial Crisis, Bank Bonuses, Bailout Bonuses, Business News

The New York attorney general has expanded his investigation of bonus payments to Wall Street executives whose banking companies are receiving $125 bi...

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Why The Government Can't "Fix" the Crisis

Danny Schechter | Posted 10.25.2008 | Business

Read More: Moral Hazard, Bernanke, Hedge Funds, Consumer Spending, Greenspan, Fianacial Crisis, Greed, Treasury Department, Depression, Free Market Capitalism, Federal Reserve Bank, Market Confidence, James Suriwieki, Capitalism, Recession, Lehman Bros, Aig, JPMorgan Chase, Consumer Confidence, Wall Street Crash, Congressional Bailout, William Buitner, Bear Stearns, Alan Greenspan, Market Collapse, Business News
Danny Schechter

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.

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JPMorgan's Dimon Talks About His New $25B

DealBook | Posted 10.16.2008 | Business

Read More: Bank Infusion, JPMorgan Chase, Washington Mutual, Finance, Economy, Banks, Bailout Plan, Jamie Dimon, James Dimon, Business News

"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...

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JPMorgan Chase Profits Sink On Loan Losses

AP | MADLEN READ | Posted 10.15.2008 | Business

Read More: Banks, Economy, Finance, Personal Finance, JPMorgan Chase, Washington Mutual, Business News

NEW YORK — JPMorgan Chase & Co.'s profit tumbled 84 percent in the third quarter after it took big hits from souring mortgage investments, lever...

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Stocks mixed on bailout clash; tech slides

AP | TIM PARADIS | Posted 09.26.2008 | Business

Read More: JPMorgan Chase, Washington Mutual, Wamu, WaMu JPMorgan, WaMu Sale, Wall Street, Wall Street Crisis, Economy, Finance, Personal Finance, Banks, Business News

NEW YORK — Financial markets remained on edge Friday after the Bush administration's proposal for a $700 billion banking bailout ran into opposi...

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THE LATEST: $25 BILLION FOR DETROIT; PRODUCTION CHEVY VOLT PLUG-IN HYBRID UNVEILED

Steve Parker | Posted 09.18.2008 | Green

Read More: Turbochargers, Boeing, Gas-Electric Hybrid Technology, Automotive News, General Electric, Hemi Hybrids, Saturn, Chrysler, Rick Wagoner, Honda, Detroit News, FCX Clarity, Ford, Home Depot, Goldman Sachs, Equinox, Hydrogen Fuel-Cell Vehicles, General Motors, Robert Nardelli, Hydrogen Fuel Cell, Charlie Rose, Flex, Gm, Alan Mulally, Detroit Three, Chevrolet, Volvo, Washington DC, Cars, Chevrolet Volt, JPMorgan Chase, Chrysler Jeep, Ford Escape, Wall Street, Opel, Focus, Green News
Steve Parker

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...

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Hedge Funds Poach Talent From Weakened Investment Banks Like Bear Stearns

DealBook | Posted 07.08.2008 | Business

Read More: Investment Banks, Merrill Lynch, JPMorgan Chase, Goldman Sachs, GLG Partners, Economy, CQS, Bear Stearns, Bear Stearns Collapse, Citadel, Tudor Investment, Business News

Hedge funds are on a hiring binge, taking advantage of cutbacks at investment banks. Star traders, senior executives and whole teams have been recruit...

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After Rough Year, Nearly Half Of Wall St. Bank Profits Are Gone

The New York Times | LOUISE STORY | Posted 06.16.2008 | Business

Read More: Cirtigroup, Goldman Sachs, Merrill Lynch, JPMorgan Chase, Morgan Stanley, Wall Street Profits, Wall Street, Bank of America Profits, Major Banks, Lehman Brothers, Mortgage Crisis, Wall Street Mortage Crisis, Citigroup Profits, Wall Street Earnings, Lehman Shares, Business News

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...

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JPMorgan Chase CEO: Recession Just Beginning

AP | Posted 05.12.2008 | Business

Read More: JPMorgan Chase, James Dimon, Business News

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 ...

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JPMorgan Still On The Hunt For New Acquisitions

Financial Times | By Francesco Guerrera and Ben White | Posted 04.16.2008 | Business

Read More: JPMorgan Chase, Banking, JPMorgan Chase Acquisition, JPMorgan Chase Bear Stearns, Business News

JPMorgan Chase remains on the acquisition trail in spite of its recent takeover of Bear Stearns and tough market conditions, Jamie Dimon, chairman and...

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J.P. Morgan Chase: Fear Tactics With Identity Theft Insurance -- What Every Person With A Credit Card Should Know

Michealene Cristini Risley | Posted 04.08.2008 | Living

Read More: Government, Chase Fraud Protection, Attorney General of California, Credit Card Scams, JPMorgan Chase, Credit Card Users, Identity Theft, I.D. Protection Services, Priceless Campaign, Living News
Michealene Cristini Risley

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?

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Exclusive: Bear Stearns Employees Already Financially Raped, Now Possibly Enslaved

Jill Brooke | Posted 03.25.2008 | Business

Read More: Bear Stearns Purhcase, Treasury Department, JPMorgan Chase, Bear Stearns and JPMorgan Chase, Bear Stearns Bailout, Joe Evangelisti, Bear Stearns Buyout, Jamie Dimon, Bear Stearns, Bear Stearns Collapse, Bear Stearns Treasury Department, Business News
Jill Brooke

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.

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JPMorgan Raises Bear Purchase Price

AP | JOE BEL BRUNO | Posted 03.24.2008 | Business

Read More: Bear Stearns, Bear Stearns Stock, Dow Jones, JP Morgan, JPMorgan Chase, Wall Street, $10 Bear Share, Business News

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...

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JPMorgan Raises Bear Purchase Price

AP | JOE BEL BRUNO | Posted 03.24.2008 | Business

Read More: Treasury Department, JPMorgan Chase, U.S. Economy, Subprimes, Bear Stearns Shares, Bear Stearns Bailout, Bear Stearns Stockholders, Federal Reserve, Recession, Bear Stearns, Jpmorgan, Business News

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...

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Bear Stearns Employees Meet The New Boss

New York Times | Landon Thomas Jr. and Eric Dash | Posted 03.20.2008 | Business

Read More: JPMorgan Chase, Bear Stearns, Jamie Dimon, James Dimon, Bear Stearns Bailout, Wall Street, Jpmorgan, Bear Stearns Buyout, Business News

James Dimon tramped through the rain on Wednesday evening and strode into the headquarters of Bear Stearns, the embattled investment bank he hopes to ...

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Bear Stearns Fat Cats Elicit Little Sympathy

ABC News | Russell Goldman | Posted 03.19.2008 | Business

Read More: JPMorgan Chase, Breaking Business News, JPMorgan Chase Buys Bear Stearns, Bear Stearns and Mortgage Crisis, Bear Stearns Bailout, Alan Schwartz, Bear Stearns, Bear Stearns Collapse, Bear Stearns CEO, Bear Stearns Purhcase, James Cayne, Bear Stearns and JPMorgan Chase, Bear Stearns Buyout, Business News

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...

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Shell-Shocked Bear Stearns Employees Turn To Psychologists

ABC News | Russell Goldman | Posted 03.19.2008 | Business

Read More: JPMorgan Chase, Breaking Business News, Bear Stearns Psychology, JPMorgan Chase Buys Bear Stearns, Bear Stearns and Mortgage Crisis, Bear Stearns Bailout, Asian Markets, Bear Stearns Grief Counselors, Bear Stearns Psychologists, Bear Stearns, Bear Stearns Collapse, Bear Steans Counciling, Bear Stearns Purhcase, Bear Stearns CEO, Bear Stearns and JPMorgan Chase, Bear Stearns Buyout, Business News

Facing the loss of their life savings and very possibly their jobs, employees at investment bank Bear Stearns are turning to trained professionals -- ...

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John McCain And The Economy: Candidate Must Find Way To Separate From Bush

Posted 03.18.2008 | Business

Read More: Hillary Clinton and Economy, JPMorgan Chase, Breaking Business News, JPMorgan Chase Buys Bear Stearns, Bear Stearns Bailout, Barack Obama and Economy, Republican Deregulation, John Mccain and the Economy, Bear Stearns Collapse, Candidates and the Economy, Bear Stearns Purhcase, Business News

Excerpted from the LA Times: Though McCain, Clinton and Obama have talked often about taxes and spending cuts, discussing the tools available to the...

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Saving Wall Street

Posted 03.18.2008 | Business

Read More: JPMorgan Chase, U.S. Economy, Wall Street, Bush Administration, Recession, Federal Reserve, Bear Stearns, Ben Bernanke, Subprime Mortgages, Housing Crisis, Business News

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...

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Will Wall Street Fall Back To Earth Or Stay Hanging In The Sky?

Steven G. Brant | Posted 03.18.2008 | Business

Read More: JPMorgan Chase, Bear Stearns and JPMorgan Chase, Video, JPMorgan Chase Buys Bear Stearns, Bear Stearns Bailout, Wall Street, Bear Stearns, Ben Bernanke, Eliot Spitzer, JP Morgan Chase, U.S. Economy, Economy, JP Morgan Buys Bear Stearns, Bush Economy, Bear Stearns Collapse, Business News
Steven G. Brant

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.

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US, Global Markets: What's Next?

The Huffington Post | Posted 03.17.2008 | Business

Read More: JPMorgan Chase, Breaking Business News, JPMorgan Chase Buys Bear Stearns, Bear Stearns and Mortgage Crisis, Bear Stearns Bailout, Asian Markets, Bear Stearns, Bear Stearns Collapse, Bear Stearns Purhcase, Bear Stearns CEO, Bear Stearns and JPMorgan Chase, Bear Stearns Buyout, Business News

Think Progress: White House Defends Bailout Of Wall Street Instead Of Main Street During today's news briefing, reporters questioned White House Pres...

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Bear Stearns and Carlyle Debacles Are a "Modern-Day Greek Tragedy"

Loretta Napoleoni | Posted 03.17.2008 | Business

Read More: JPMorgan Chase, Breaking Business News, JPMorgan Chase Buys Bear Stearns, Bear Stearns and Mortgage Crisis, Bear Stearns Bailout, Bear Stearns, Bear Stearns Collapse, Bear Stearns CEO, Bear Stearns Purhcase, Bear Stearns and JPMorgan Chase, Bear Stearns Buyout, Business News
Loretta Napoleoni

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.

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What Bear Stearns' Meltdown Means To You

ABC News | ALICE GOMSTYN | Posted 03.17.2008 | Business

Read More: JPMorgan Chase, Breaking Business News, JPMorgan Chase Buys Bear Stearns, Bear Stearns and Mortgage Crisis, Bear Stearns Bailout, Asian Markets, Bear Stearns, Bear Stearns Collapse, Bear Stearns Purhcase, Bear Stearns CEO, Bear Stearns and JPMorgan Chase, Bear Stearns Buyout, Business News

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...

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