. . . Chase stops suits against credit-card holders Piggybankblog posted 05/09/13 Cross liked with cbsnews.com COMMENTARY Revelations last year that many of the nation’s biggest banks were illegally evicting homeowners by “robo-signing” foreclosure documents triggered a flurry of federal and state investigations. Now, as American Banker reports, the scandal may be [...]
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. . . JPMorgan’s Jamie Dimon in Hot Swampy Water Again Piggybankblog posted on 05/03/13 Cross linked bluzlink.com Jamie Dimon, one of Wall Street’s biggest swinging dicks is once again swimming in a regulatory swamp land. Despite the unbelievable hubris and blatant disregard for the law, he’s probably not going to suffer [...]
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. . . . . Jamie Dimon’s Five Stages Of Grief . Piggybankblog posted on 04/11/13 Cross linked with forbes.com In 1969 Elisabeth Kubler-Ross suggested that a person confronted with a catastrophic loss will react with five stages of grief. Thirty-one years later, in 2000, Forbes found clear traces of the grieving process when one [...]
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. . . . . Wall Street Journal De-Links Story . Piggybankblog posted on 04/11/13 wallstreetonparade.com If President Obama is trying to make it clear that he reports to the 1 percent, not the average Americans who elected him, he’s earning an A+ on his report card. At 6:46 p.m. last evening, the White House [...]
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. . . . . JPMorgan Chase Still Haunted By Foreclosure Reviews, And More . Piggybankblog posted on 04/02/13 Cross linked with forbes.com . Last week Jessica Silver-Greenberg and Ben Protess at the New York Times DealBook catalogued the trials and tribulations of JPMorgan and, in particular, its CEO and Chairman Jamie Dimon. The list [...]
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. . . . . JPMorgan Faces Full-Court Press of Federal Investigations. . Piggybankblog posted on 03/27/13 Cross linked with nytimes.com As the nation’s strongest bank, JPMorgan Chase used to be known for carrying special sway with regulators. Now it increasingly finds itself in the cross hairs of federal authorities. At least two board members are [...]
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. . . . . The Price of Evil at JPMorgan Chase . Piggybankblog posted on 03/20/13 Cross linked with huffingtonpost . $16 billion. That’s how much JPMorgan Chase has paid in fines, settlements and other litigation expenses in the last four years alone. More than half of that amount, $8.5 billion, was paid out [...]
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. . . . . Why Levin’s Whale Hearing May Hurt More Banks than JPM . Piggybankblog posted on 03/18/13 Cross linked with American Banker . WASHINGTON — On the surface, Sen. Carl Levin’s grilling of current and former executives at JPMorgan Chase over the infamous London Whale trades was a deep dive into facts, [...]
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. . . . . Levin Committee report makes fraud case for JPMorgan shareholders . Piggybankblog posted on 03/15/13 Cross linked with thomasreuters . On Tuesday, shareholder lawyers leading the 10-month-old securities fraud class action accusing JPMorgan Chase of deceiving investors about billions of dollars in losses by the bank’s chief investment office received permission [...]
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. . . . ..’ Jamie Dimon Email Directly Ties JPMorgan CEO To $6.2 Billion Fiasco . Piggybankblog posted on 03/15/13 Cross linked with huffingtonpost Jamie Dimon’s email response was direct and to the point. “I approve,” he wrote to an oversight body within his enormous bank, JPMorgan Chase, thereby giving his blessing to an [...]
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