By Simon Johnson. This is a long post, about 2500 words. Over the last several weeks on this blog, I have expressed a broad set of concerns about governance arrangements at the Federal Reserve Bank of New York. I have … Continue reading →
JP Morgan rises, Morgan Stanley falls after noteMarketWatchShares of J.P. Morgan Chase & Co. rose almost 2% on Tuesday morning after … Dimon's recent congressional testimony on trading losses should assuage …Financial Stocks Slump, Citigrou…
Press TVBank chiefs enjoy double–digit pay risesPress TVDimon, whose reputation as one of the best managers in banking has been hit by a $2bn trading loss in a supposedly safe division of JPMorgan, topped the list …Bank chiefs enjoy 12% pay risesIT…
CNBC.comBank Chiefs Enjoy Double-Digit Pay RisesCNBC.comMr Dimon, whose reputation as one of the best managers in banking has been hit by a $2 billion trading loss in a supposedly safe division of JPMorgan, topped …Bank chiefs enjoy 12% pay risesITV …
Bill Moyers talks to Matt Taibbi and Yves Smith on Don Dimon and the JP Morgan led mafia banksters
JPMorgan Stock Hinged To Lagging Investor ConfidenceSeeking AlphaWhile Dimon did not defend the $2 billion in losses, he did highlight JPMorgan's size, saying, "We are not too big to fail." Dimon also noted that "Banks should be …S…
Frank, Warren renew call for tighter regulation of large banks' trading …Philadelphia InquirerDimon told the House committee that he didn't know "if the Volcker Rule could have or would have stopped" the trading that caused JPMorgan…
ForbesJPMorgan House Hearing, EU Lending, Universal: ComplianceBusinessweekU.S. House members criticized regulators yesterday for failing to detect JPMorgan Chase & Co. (JPM) (JPM)'s loss of at least $2 billion on risky derivatives …JPMorgan&…
JPMorgan's New Risk Gauge Aggravated Trading Loss, Dimon SaysSan Francisco ChronicleJune 19 (Bloomberg) — JPMorgan Chase & Co.'s decision to change how it measures trading risk worsened rather than triggered the company's $2 billion lo…
BloombergJPMorgan Loss Spurs Wall Street Worry Over Too-Big-to-ManageSan Francisco ChronicleJune 19 (Bloomberg) — Move over too-big-to-fail. Here comes too-big-to-manage. Congress's inquiry into JPMorgan Chase & Co.'s $2 billion trading lo…