(Reuters) – New York Attorney General Eric Schneiderman has hired a former federal prosecutor to help bring lawsuits over misconduct in the mortgage-backed securities market during the financial crisis. Virginia Chavez Romano, a former assistant U.S. attorney in New York, will help Schneiderman as he coordinates with a federal task force on the mortgage meltdown,…
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JP Morgan Latest News
Dimon Called to Senate – Wall Street Journal
by Newswires • • 0 Comments
PoliticoDimon Called to SenateWall Street JournalBy VICTORIA MCGRANE JP Morgan Chase & Co. Chairman and Chief Executive James Dimon has been invited to appear before a key Senate panel on June 7 to explain what led to his company's $2 billion-p…
JP Morgan Latest News
JP Morgan Chase’s billion-dollar boo-boo proof of need for regulation – The Star-Ledger – NJ.com (blog)
by Newswires • • 0 Comments
The Star-Ledger – NJ.com (blog)JP Morgan Chase's billion-dollar boo-boo proof of need for regulationThe Star-Ledger – NJ.com (blog)By John Farmer/The Star-Ledger Mario Tama/Getty ImagesJP Morgan Chase & Co. chairman and CEO Jamie Dimon is pictu…
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Harold ‘Red’ Poling, Former Ford Chief, Dies at 86 – Bloomberg
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CBS LocalHarold 'Red' Poling, Former Ford Chief, Dies at 86BloombergHarold A. “Red” Poling, former Ford (F) Motor Co. chairman and chief executive officer who helped lead the automaker through two recessions, has died. He was 86. Poling die…
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Too Big To Jail
by Bears Chat at The Wall Street Examiner • • 0 Comments
Can we all agree that a $1 billion swindle represents a lot of money, and the fact that Citigroup agreed last week to pay a $285 million fine to settle SEC charges for “misleading investors” demonstrates a damning admission of culpability?
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Bears Chat, Best of the Forums
There Will Be Blood
by a Wall Street Examiner • • 0 Comments
Krugman’s latest…
Former Senator Alan Simpson is a Very Serious Person. He must be — after all, President Obama appointed him as co-chairman of a special commission on deficit reduction.
So here’s what the very serious Mr. Simpson said …