As America’s biggest state and local government employees’ union gathered here this week, it faced obstacles like never before. After a big defeat in Wisconsin,…
The Dodd-Frank financial reform legislation of 2010 stipulates that banks and the corporate entities that own banks should get out of the business of “proprietary…
(via AFP) Forget abortion and same-sex marriage: Republican Mitt Romney has made a crisp pivot toward the economy, and Friday’s poor jobs numbers are providing…
(via AFP) The US House of Representatives, led by President Barack Obama’s Republican foes, plans to vote before its August recess on whether to extend…
U.S. News & World ReportJPMorgan's investment in lawmakers pays off in dividends of deflected blameOregonLive.comAs the panel held the first hearing on the JPMorgan losses, Sen. Richard Shelby of Alabama, the committee's ranking Republican, glo…
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…
BankCreditNewsAfter JPMorgan Loss, Boehner Calls Laws Useless and Advocates AnarchyEvening Transcript (satire)By BC Bass WASHINGTON, DC (Bennington Vale Evening Transcript) — Addressing the disastrous decision making at JPMorgan Chase that led to a $2…
The Star-Ledger – NJ.com (blog)US banking laws unable to stop JPMorgan loss: Republican BoehnerChicago TribuneWASHINGTON (Reuters) – US banking reforms could not have prevented JPMorgan Chase & Co's trading losses, and those involved in the act…
New York TimesDiscord at Key JPMorgan Unit Is Faulted in LossNew York TimesEver since JPMorgan Chase disclosed a multibillion-dollar trading loss this month, the central mystery has been how a bank known for its skill at risk management could err so ba…
CTV.caRepublicans reject Dems' calls for stricter oversight of Wall StreetDetroit Free PressA key House Republican said Wednesday that the $2-billion trading loss at JPMorgan Chase raises… Forbes magazine has declared Jennifer Lopez the most powe…
