Days before Bank of America shareholders approved the bank’s $50 billion purchase of Merrill Lynch in December 2008, top bank executives were advised that losses at the investment firm would most likely hammer the combined companies’ earnings in the years to come. But shareholders were not told about the looming losses… leaving them instead to…
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JP Morgan Latest News
JPMorgan Was Warned About Lax Risk Controls – CNBC.com
by Newswires • • 0 Comments
CNBC.comJPMorgan Was Warned About Lax Risk ControlsCNBC.comA small group of shareholder advocates delivered an urgent message to top executives at JPMorgan Chase more than a year ago: the bank's risk controls needed to be improved. JPMorgan Now, af…
JP Morgan Latest News
JPMorgan’s $6 Billion Case of Lyme Disease – Forbes
by Newswires • • 0 Comments
ForbesJPMorgan's $6 Billion Case of Lyme DiseaseForbesJPMorgan CEO James Dimon: The illness of one of his top executives went a long way toward causing the mulitbillion-dollar losses at the bank. We've run many stories at Forbes parsing the rea…
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Stock Market Liquidity and Corporate Cash Run
by Bears Chat at The Wall Street Examiner • • 0 Comments
Liquidity is the key as corporations have been net buyers below SP 1150-1200 and net seller above SP 1250. US public has been net sellers for the past 2+ years so most of the support has been corporate. This is also a scam as corporations have been …
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When Irish Eyes Are Crying
by a Wall Street Examiner • • 0 Comments
Ireland is different, quite an interesting read.
When Irish Eyes Are Crying
When the Irish land boom flipped from miracle to catastrophe, a lot of important people’s status, along with perhaps their sense of themselves, flipped with it. An Irish st…
Bears Chat, Best of the Forums
Chrysler Workers Busted Drinking, Smoking Weed on The Job
by a Wall Street Examiner •
…started filming the party in the park 5 days after Obama visit.
QuoteAn exclusive investigation by MyFoxDetroit showed workers at Chrysler’s Jefferson North Assembly Plant in Detroit, Mich., drinking beer and smoking joints while on a half-hour lun…
