Sempra

Dimon Said His Bear Stearns Sticky Bombs Are Worse Than Geithner's

Janet Tavakoli | Posted 05.25.2011

Read More: Blackrock, Term Securities Lending Facility, Jamie Dimon, Sempra, Volcker Rule, Paul Volcker, JPMorgan Chase, Dear Mr. Buffett, Rbs, Maiden Lane I, Extended Stay, Timothy Geithner, Bear Stearns, Hilton Hotels, Peleton, Tslf, Business News
Janet Tavakoli

Taxpayer subsidized cheap funding and looser accounting standards have allowed our largest banks to keep their Dorian Gray financial pictures behind a curtain and out of public sight.

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JPMorgan Buys RBS Sempra In Bid To Strengthen Its Commodities Business

Financial Times | Javier Blas | Posted 05.25.2011

Read More: Goldman Sachs, Sempra, JPMorgan Chase, Commodities, Morgan Stanley, RBS Sempra Commodities, Rbs, Commodities Trading, Barclays, Banks, Business News

JPMorgan said on Tuesday it had agreed to buy RBS Sempra Commodities' non-US assets for $1.7bn in cash in a deal that will challenge the dominance of ...

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Our Banks Becoming Casinos and Washington Yawns

Raymond J. Learsy | Posted 05.25.2011

Read More: Fdic, JP Morgan, Morgan Stanley, Banks, Washington, Oil, Main Street, Commodites, Royal Bank of Scotland, Bank Holding Companies, Financial Crises, Goldman Sachs, Sempra, Business News
Raymond J. Learsy

Why is a bank such as JP Morgan, supported by myriad government programs, permitted to gamble with money in the commodities arena?

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