Jpmorgan Chase

What the Republic Victory Means

Curtis Black | Posted 01.15.2009 | Chicago


Curtis Black

The victory of the Republic Windows and Doors workers demonstrates the value of militant action by labor in addressing the economic crisis.

JPMorgan's Jamie Dimon Not Worried About A Depression

CNBC | Posted 01.11.2009 | Business


CNBC's Erin Burnett sat down for an exclusive interview with JPMorgan Chase CEO Jamie Dimon today, talking about a range of topics related to the fina...

Citigroup as the "Grim Reaper"

Raymond J. Learsy | Posted 03.26.2009 | Business


Raymond J. Learsy

In an earlier post, I ended by paraphrasing Lenin, "Wall Street will sell us the rope to hang American Capitalism." Well, in Citigroup we have created the perfect "Grim Reaper."

JPMorgan To Cut 9,200 Washington Mutual Jobs

Reuters | Posted 01.01.2009 | Business


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...

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

David Paul | Posted 12.16.2008 | Business


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. ...

Cuomo Investigates Bailout Bonuses At Banking Companies

New York Times | Posted 11.29.2008 | Business


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

Why The Government Can't "Fix" the Crisis

Danny Schechter | Posted 11.25.2008 | Business


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.

JPMorgan's Dimon Talks About His New $25B

DealBook | Posted 11.16.2008 | 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...

JPMorgan Chase Profits Sink On Loan Losses

AP | MADLEN READ | Posted 11.15.2008 | 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...

Stocks mixed on bailout clash; tech slides

AP | TIM PARADIS | Posted 10.27.2008 | Business


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

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

Steve Parker | Posted 10.18.2008 | Green


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...

Hedge Funds Poach Talent From Weakened Investment Banks Like Bear Stearns

DealBook | Posted 07.16.2008 | 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...

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

The New York Times | LOUISE STORY | Posted 06.24.2008 | 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...

JPMorgan Chase CEO: Recession Just Beginning

AP | Posted 05.20.2008 | 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 ...

JPMorgan Still On The Hunt For New Acquisitions

Financial Times | By Francesco Guerrera and Ben White | Posted 04.24.2008 | 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...

JPMorgan Raises Bear Purchase Price

AP | JOE BEL BRUNO | Posted 04.01.2008 | 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...

JPMorgan Raises Bear Purchase Price

AP | JOE BEL BRUNO | Posted 04.01.2008 | 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...

Bear Stearns Employees Meet The New Boss

New York Times | Landon Thomas Jr. and Eric Dash | Posted 03.28.2008 | 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 ...

Bear Stearns Fat Cats Elicit Little Sympathy

ABC News | Russell Goldman | Posted 03.28.2008 | 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...

Shell-Shocked Bear Stearns Employees Turn To Psychologists

ABC News | Russell Goldman | Posted 03.28.2008 | Business


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

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

Posted 03.28.2008 | 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...

Saving Wall Street

Posted 03.28.2008 | 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...

US, Global Markets: What's Next?

The Huffington Post | Posted 03.28.2008 | Business


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

What Bear Stearns' Meltdown Means To You

ABC News | ALICE GOMSTYN | Posted 03.28.2008 | 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...

Bear Sterns Is Worth Less Than Your Sister's White-Trash Husband

236.com | 23/6: News You Can Misuse | Posted 03.28.2008 | Home


JP Morgan Chase & Co has agreed to buy Bear Stearns (BSC) for the bargain price of two dollars per share. Just last April, BSC shares were selling at ...