The Bay CitizenJPMorgan Sued by Louisiana Police Pension Plan Over LossBloombergJPMorgan Chase & Co. was sued by a Louisiana police pension fund for alleged securities fraud tied to a trading loss of at least $2 billion.State pension funds sticking…
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Senators Suck Up To Jamie Dimon, Get Paid For It
by Bears Chat at The Wall Street Examiner • • 0 Comments
In fifty years, when historians look back upon the current era of unbridled financial sector influence on American government—unless all historians are by then employed at CitiBankofAmericaChaseOne Institutions of Higher Learning™—Wednesday’s…
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Sen. Johnson leads banking hearing on JPMorgan losses – Daily Republic
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Sen. Johnson leads banking hearing on JPMorgan lossesDaily RepublicSIOUX FALLS (AP) — Sen. Tim Johnson is questioning why the largest bank in the U.S. failed to have more risk controls in place, leading to more than $2 billion …
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JPMorgan’s Dimon to testify on Capitol Hill Wednesday – Washington Post
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JPMorgan's Dimon to testify on Capitol Hill WednesdayWashington PostJPMorgan chief executive Jamie Dimon will appear before the Senate Banking Committee on Wednesday to discuss his firm's recent $2 billion trading loss. Sen. Tim Johnson(DS.D.),…
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Senator Says JPMorgan Shows No Bank ‘Immune From Bad Judgment’ – Bloomberg
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BloombergSenator Says JPMorgan Shows No Bank 'Immune From Bad Judgment'BloombergJPMorgan Chase & Co. (JPM)'s trading loss of more than $2 billion shows “that no institution is immune from bad judgment,” US Senate Banking Committee C…
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Dimon will appear before banking committee as massive loss brings renewed … – The Guardian
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The GuardianDimon will appear before banking committee as massive loss brings renewed …The GuardianJP Morgan boss Jamie Dimon will appear before the Senate banking committee on 7 June to answer questions about the bank's $2bn trading loss. Dimon …
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Jamie Dimon May Testify In Washingon On June 7 Over Trading Loss – Forbes
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Jamie Dimon May Testify In Washingon On June 7 Over Trading LossForbesLawmakers in Washington want to hear from JPMorgan Chase CEO Jamie Dimonover his firm's recent losses and they might get the opportunity next week. Senate Banking Committee Chair…
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Richard Shelby Is Angry That Regulators He Sandbagged Didn’t Stop JPMorgan Losses – Huffington Post
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U.S. News & World ReportRichard Shelby Is Angry That Regulators He Sandbagged Didn't Stop JPMorgan LossesHuffington Postthat gambling is going on at JPMorgan, and that this gambling led to a multibillion-dollar loss on a "hedge" that was …
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Senators put federal regulators, not JPMorgan, on the hot seat – Washington Post
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PoliticoSenators put federal regulators, not JPMorgan, on the hot seatWashington PostJPMorgan Chase has spent upward of $20 million on lobbying and campaign contributions in the past three years. On Tuesday, the bank received a healthy dividend on that…
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Pressure’s on: JPMorgan hearings begin – Top story: Obama’s Bain mutiny … – Politico
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Pressure's on: JPMorgan hearings begin – Top story: Obama's Bain mutiny …Politico([email protected]; Twitter: @morningmoneyben) PRESSURE'S ON: JPMORGAN HEARINGS BEGIN – From opening remarks to be delivered at this morning's derivati…
