JPMorgan Chase has spent upward of $20 million on lobbying and campaign contributions in the past three years. On Tuesday, the bank received a healthy dividend on that investment… As the panel held the first hearing on the JPMorgan losses, Sen. Richard Shelby (Ala.), the committee’s ranking Republican, glowered at federal regulators and charged that…
Tag Archive for Campaign Contributions
Latest Business Headlines
Elizabeth Warren Paints JPMorgan as Purse Thieves – Businessweek
by Lee Adler • • 0 Comments
…one of her old foes may inadvertently have thrown her campaign a lifeline. The revelation that JPMorgan Chase (JPM) lost at least $2 billion in an ill-advised “hedge” gone horribly awry has revived anger at Wall Street and allowed Warren to reassume her old role as the scourge of greedy bankers and defender of the…
JP Morgan Latest News
Senators put federal regulators, not JPMorgan, on the hot seat – Washington Post
by Newswires • • 0 Comments
PoliticoSenators put federal regulators, not JPMorgan, on the hot seatWashington PostJPMorgan Chase has spent upward of $20 million on lobbying and campaign contributions in the past three years. On Tuesday, the bank received a healthy dividend on that…
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
Presidents Day: Why Can’t We Nominate Our Own President? We Can, We Are
by Charles Hugh Smith • • 0 Comments
Why can’t the American public nominate their own candidate for president? It turns out we can, and are doing so for the first time in American history.
If the last 12 years have revealed anything, they have shown beyond reasonable doubt that both S…
Bears Chat, Best of the Forums, Must Read
Scott Brown used swing vote to water down WallSt bank regulations
by Bears Chat at The Wall Street Examiner • • 0 Comments
Globe link
Excerpts:
WASHINGTON — Campaign contributions to Senator Scott Brown from the financial industry spiked sharply during a critical three-week period last summer as the fate of the Wall Street regulatory overhaul hung in the balance…..
…
Bears Chat, Best of the Forums
A Simple Three-Item Agenda for Occupy Wall Street
by Bears Chat at The Wall Street Examiner • • 0 Comments
There are really only three ways to cripple Wall Street’s democracy-killing concentration of wealth and power: take our money out of Wall Street and the TBTF banks, eliminate private money from elections and abolish Wall Street’s dealer, the Federal R…
Bears Chat, Best of the Forums
The Truth about Corporate America’s Vaunted "Efficiency"
by Bears Chat at The Wall Street Examiner • • 0 Comments
Scrape away the Human Resource Department rah-rah about “our mission” and how much your loyalty is “valued,” and what’s left? A paycheck and a sucking sound.
Let’s state the heretical obvious: Corporate America, you suck. We could count the ways–s…
Bears Chat, Best of the Forums
The Bankruptcy of Corporate America
by Bears Chat at The Wall Street Examiner • • 0 Comments
Corporate America is profoundly bankrupt. Not in a financial sense, of course; the Federal Reserve’s slow destruction of the U.S. dollar has boosted corporate profits most handsomely as the majority of their earnings and profits are obtained overse…
Bears Chat, Best of the Forums
The Road To Plutocracy
by Bears Chat at The Wall Street Examiner • • 0 Comments
THE word “plutocracy” is in the air these days. Some say the era of the de facto rule of the mighty top 10%, or top 1%, or whatever insidious sliver of the income distribution is thought to constitute the moneyed power elite, is upon us, or nearly s…
Bears Chat, Best of the Forums
The Left/Right Paradigm is Over: It’s You vs. Corporations
by a Wall Street Examiner • • 0 Comments
Barry Ritholtz wrote this piece several months ago and it may have already been posted here. However, his perspective now seems so accurate that I felt it was worth another look. It’s also worth noting that this Ritholtz commentary attracted hundreds …
