The chairman of the New York Fed has defended the role on his board of embattled JP Morgan boss Jamie Dimon… “I do not think he should step down,” Bollinger said in an interview with the Wall Street Journal. He said critics attacking the Fed have a “false understanding” of how it works, and that…
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Lehman Bros. pay report brings calls for reform – Los Angeles Times
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Los Angeles TimesLehman Bros. pay report brings calls for reformLos Angeles TimesLawmakers and others say disclosure at financial institutions should be beefed up after report that 50 Lehman employees were awarded nearly $700 million in the year before…
