A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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Daily CallerFacebook, JPMorgan gaffs erode faith in Wall St.Daily CallerJPMorgan Chase, usually revered for taming risk, has yet to contain a growing $2 billion loss in one of its trading units. The missteps are further eroding the confidence of small-...
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Bungled Facebook IPO and JPMorgan loss further erode Main Street's confidence ...Washington PostJPMorgan Chase, usually revered for taming risk, has yet to contain a growing $2 billion loss in one of its trading units. The missteps are further erod...
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JPMorgan Loss Shows Need to Measure Risk, Krawcheck Writes in FTBloombergJPMorgan Chase & Co. (JPM)'s $2 billion trading loss shows regulators need to focus on ensuring banks have enough capital relative to their risks, rather than trying to ba...
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Botched Facebook IPO and JPMorgan loss reinforce image that Wall Street can't ...Washington PostJPMorgan Chase, usually revered for taming risk, has yet to contain a growing $2 billion loss in one of its trading units. The missteps are further erod...
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Botched Facebook IPO and JPMorgan loss reinforce image that Wall Street can't ...Minneapolis Star TribuneJPMorgan Chase, usually revered for taming risk, has yet to contain a growing $2 billion loss in one of its trading units. The missteps are fur...
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On Monday, support held and projections were pulled up to levels that were reached, all of which suggested that an intermediate low had been reached. Tuesday’s late fade raises questions, which this report attempts to answer.
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AFPJPMorgan Losses Become Tool in Regulatory Debate on Capitol HillSan Francisco ChronicleMay 22 (Bloomberg) -- US lawmakers and regulators are seizing on the more than $2 billion in losses disclosed by JPMorgan Chase & Co. to bolster their positio...
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We all think we know what wealth is, but sometimes the "obvious" misses the mark.
Asking "what is wealth?" seems needless because we all know what wealth is: never having to work again, endless leisure, endless consumption of the "good th...
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The market reached major support on Friday and rebounded strongly yesterday to form what could be an intermediate bottom. Cycle projections rose to levels already reached and the market had entered a bottoming window in terms of time. Some indicators have flashed buy signals. But is that enough to call a bottom?
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JPMorgan's Biggest Risk Is Losing Congress' Trust: ProCNBC.comJPMorgan's biggest worry in the wake of the "London Whale" $2 billion trading loss should be losing the trust of Congress, analyst Jim Bianco of Bianco Research told CN...
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Telegraph.co.ukOECD Sees Risk of Spiraling Europe Crisis Hurting World EconomyBloombergThe Organization for Economic Cooperation and Development said Europe's debt crisis risks spiraling and seriously damaging the world economy. “The risk is incr...
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Telegraph.co.ukOECD joins call for eurozone bondsFinancial TimesBy Chris Giles in London The Organisation for Economic Co-operation and Development has joined French and EU officials in calling for a move towards jointly-guaranteed eurobonds at a time ...
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Wall Street Journal (blog)Accounting For The JP Morgan Whale TradesForbesAm I shocked that no mainstream media outlet has yet sought to explain in accounting terms the stunning announcement made by Jamie Dimon a week ago last Thursday of a $2 billion l...
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Baltic dry index rose 0.3% last week; Capesize Index was up 1.2%; Panamax Index fell 3.6%; Supramax Index was down 0.4%; Handysize Index rose 3.7%.
Iron ore inventory at Chinese ports mostly flat, price moved lower on risk-off. Steel stockpiles fell f...
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European Default Protection Costs Rise After G8 - MarkitWall Street JournalLONDON (Dow Jones)--The cost of insuring European sovereign and corporate debt against default was higher in early trading Monday, after the weekend summit of leaders from major...
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BloombergJPMorgan CIO Risk Chief Said to Have Trading-Loss HistoryBloombergIrvin Goldman, who oversaw risks in the JPMorgan Chase & Co. (JPM) unit that suffered more than $2 billion in trading losses, was fired by another Wall Street firm in 2007 f...
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JPMorgan CIO Risk Overseer Said to Have Record of Trading LossesBusinessWeekBy Lisa Abramowicz on May 20, 2012 Irvin Goldman, who oversaw risks in the JPMorgan Chase & Co. (JPM) (JPM) unit that suffered more than $2 billion in trading losses, was f...
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Did JP Morgan Fiddle While Risk Burned?Wall Street Journal (blog)That is a big question still hanging over JP Morgan Chase's more than $2 billion trading loss. Also important, though, is the corollary: Who didn't know what and why? Clues to bot...
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CBS NewsFDA approves 7 companies to sell generic PlavixCBS News(CBS/AP) The popular blood thinner Plavix is going generic, the Food and Drug Administration said Thursday, giving lower cost options for the people who take the blood thinner to reduce the...
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BloombergAsian Stocks, Won Decline on Europe Risk, US Economic DataBloombergAsian stocks fell, erasing this year's gains, and South Korea's won weakened on signs that Europe's debt crisis is worsening and after an unexpected contraction in ...
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