Wall Street JournalJPMorgan's whale in a fishpond: John KempMSN MoneyJPMorgan Chase & Co's reported hedging losses suggest the bank, famed for a disciplined approach to measuring and managing risk, is struggling to cope with increased deman…
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Learning from JPMorgan loss – Modesto Bee
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Wall Street JournalLearning from JPMorgan lossModesto BeeBefore bank officials announced they had suffered a stunning trading loss of at least $2.3 billion, JPMorgan Chase was widely viewed as one of the better-managed, less reckless banks. When so man…
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Internal clashes had role in JPMorgan Chase debacle – Minneapolis Star Tribune
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Minneapolis Star TribuneInternal clashes had role in JPMorgan Chase debacleMinneapolis Star TribuneProtesters held signs outside the gate of JPMorgan Chase's annual stockholder meeting in Tampa, Fla. Photo: Scott Iskowitz, Associated Press Ever sin…
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JP Morgan Struggles to Unwind Huge Bets – Wall Street Journal
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Wall Street JournalJP Morgan Struggles to Unwind Huge BetsWall Street JournalBy GREGORY ZUCKERMAN and SCOTT PATTERSON JP Morgan Chase & Co. is struggling to extricate itself from disastrous wagers by traders such as the "London whale," in…
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Fables of Wealth – NYTimes.com
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THERE is an ongoing debate in this country about the rich: who they are, what their social role may be, whether they are good or bad. Well, consider the following. A recent study found that 10 percent of people who work on Wall Street are “clinical psychopaths,” exhibiting a lack of interest in and empathy…
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Freedom’s Idealogical Mansion
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By Jorma (Stool Pigeons Wire) December 21, 2009 – The relentless lowering of the top tax rates and capital gains rates and the effective corporate tax rate has been causal of everything the critics of the status quo rail at. Not tangential, causal. This is the ideological divide that cannot be crossed. The free market…
