. . . . ..’ 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 [...]
+Continue Reading. . . . . JPMorgan Chase CEO Jamie Dimon is accused of hiding information about big losses.’ . Piggybankblog posted 03/15/13 Cross linked with washingtonpost.com Washington dealt a double blow Thursday to JPMorgan Chase as a Senate report accused its iconic chief executive of hiding information about a massive loss from regulators while the [...]
+Continue Reading. . . . ..’ JPMorgan Hid Trades Banned by Volcker Rule, Senate Probe Finds . Piggybankblog posted on 03/14/13 Cross linked with bloomberg.com . JPMorgan Chase & Co. (JPM) engaged in high-risk proprietary trading under the guise of ordinary hedging, said Senate investigators, who urged U.S. regulators to strengthen the proposed ban on such [...]
+Continue Reading. . . . ..’ Graham Fisher Sees Parallels to Fannie Mae in JPMorgan Piggybankblog posted on 03/13/13 Cross linked with bloomberg.com Joshua Rosner, co-author of a book detailing Fannie Mae’s role in the housing crisis, said he sees parallels between the failed mortgage-finance giant and the strategies JPMorgan Chase & Co. (JPM) uses [...]
+Continue Reading. . . . Pause intro music down below. JPMorgan names new mortgage banking chief . Piggybankblog posted on 12/18/12 Cross linked with foxbusiness.com JPMorgan Chase & Co promoted Kevin Watters to be chief of its home loan business, relieving Co-Chief Operating Officer Frank Bisignano of a temporary second assignment to clean up the lender’s [...]
+Continue Reading. . . . Pause intro music down below. JP Morgan’s counter-terrorism tool . Piggybankblog posted on 12/14/12 Cross linked with cnn.com (Financial Times) — JPMorgan Chase has turned to technology used for countering terrorism to spot fraud risk among its own employees and to tackle problems such as deciding how much to charge when [...]
+Continue Reading. . . . . You can pause intro music down below. JPMorgan’s California energy dealings draw more fire . Piggybankblog posted on 11/16/12 Cross linked with latimes.com . State and federal energy regulators moved on two fronts against the giant investment bank JPMorgan Chase & Co. over its dealings in the California electricity market. [...]
+Continue Reading. . . .. You can pause intro music down below. ACLU sues Morgan Stanley for bias in mortgage business . Piggybankblog posted on 10/15/12 Cross linked with chicagotribune.com NEW YORK (Reuters) – The American Civil Liberties Union sued Morgan Stanley on Monday, alleging racial discrimination over packaging subprime mortgage loans into securities. The suit [...]
+Continue Reading. . . .. You can pause intro music down below. Wall Street Banks Fighting Back Against Financial Crisis Allegations, Lawsuits . Piggybankblog posted on 10/15/12 Cross linked with huffingtonpost.com Oct 15 (Reuters) – As U.S. authorities seek to make Wall Street pay for its role in triggering the financial crisis more than four years [...]
+Continue Reading. . . .. You can pause intro music down below. JPMorgan and Wells Fargo Announce Record Profits . Piggybankblog posted on 10/14/12 Cross linked with thedailybeast.com You can slam them. You can sue them. You can even try to split them up. But the big banks won’t care. On Friday morning, both JPMorgan and [...]
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