Senate hearing with JP Morgan's Dimon pushed backMarketWatchThe company said Dimon plans to cooperate, and a JP Morgan spokeswoman confirmed Thursday that Dimon will appear at the June 13 hearing. The JP Morgan losses, disclosed earlier this month,…
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Dimon Senate Hearing Postponed to June 13 – Wall Street Journal
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CTV.caDimon Senate Hearing Postponed to June 13Wall Street JournalThe company said Mr. Dimon plans to cooperate, and a JP Morgan spokeswoman confirmed Thursday that he will appear at the June 13 hearing. The JP Morgan losses, disclosed earlier in May, …
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Morgan Stanley CEO defends Facebook IPO conduct – MarketWatch
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Morgan Stanley CEO defends Facebook IPO conductMarketWatchContrary to some reports, he said, he wasn't "aware of any dissent" among the underwriting firms regarding Facebook's IPO price of $38 a share. A Morgan Stanley spokeswoman con…
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Morgan Stanley Chief Defends Facebook Handling – Wall Street Journal
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Morgan Stanley Chief Defends Facebook HandlingWall Street JournalContrary to some reports, he said, he wasn't "aware of any dissent" among the underwriting firms regarding Facebook's IPO price of $38 a share. A Morgan Stanley spokeswo…
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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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Secret Fed Loans Gave Banks Undisclosed $13B
by Bears Chat at The Wall Street Examiner • • 0 Comments
Secret Fed Loans Gave Banks Undisclosed $13B
So here’s what I got from this.
Howard Opinsky, a spokesman for JPMorgan (JPM), declined to comment about Dimon’s statement or the company’s Fed borrowings. Jerry Dubrowski, a spokesman for Bank of Amer…
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Big Banks Plead With Customers Not To Move Their Money
by Bears Chat at The Wall Street Examiner • • 0 Comments
Yes, The Big Banks DO Care If We Move Our Money
650,000 customers moved $4.5 billion dollars out of the big banks and into smaller banks and credit unions in the last month.
But there is a myth making the rounds that the big banks don’t really ca…
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Most Americans Can’t Afford a $1,000 Emergency Expense
by Bears Chat at The Wall Street Examiner • • 0 Comments
NEW YORK (CNNMoney) — When the unexpected strikes, most Americans aren’t prepared to pay for it.
A majority, or 64%, of Americans don’t have enough cash on hand to handle a $1,000 emergency expense, according to a survey by the National Foundatio…
