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These are the most recent diaries filed under this tag:
From the Associated Press: JPMorgan Chase said Friday that a bad trade had cost the bank $5.8 billion this year, almost triple its original estimate, and raised the prospect that traders had ...
by DSWright
Comment Count 13 comments on Fri Jul 13, 2012 at 11:42 AM PDT with 11 Recommends
With all the noise being generated throughout the business press about LIBOR-gate (the fraudulent manipulation by many of the world’s largest banks of the [http://en.wikipedia.org/wiki/...
by bobswern
Comment Count 103 comments on Thu Jul 12, 2012 at 02:29 AM PDT with 205 Recommends
Stupid me. I have trouble just paying my bills, and frankly was always turned off by high finance. It is like a foreign language to me and as far as foreign languages go, I know enough in several ...
by cobaltbay
Comment Count 8 comments on Fri Jul 06, 2012 at 09:19 AM PDT with 10 Recommends
Regulators Are Probing Possible Power Market Manipulation By JPMorgan Puts them right in the same category as corrupt, venal Enron.
by Superpole
Comment Count 9 comments on Tue Jul 03, 2012 at 08:00 AM PDT with 12 Recommends
JPMorgan is a recipient of welfare…corporate welfare that is: JPMorgan receives a government subsidy worth about $14 billion a year, according to research published by the International Monetary ...
by Shawn Russell
Comment Count 17 comments on Mon Jul 02, 2012 at 11:34 AM PDT with 21 Recommends
I have had my issues with President Obama. To me, he has caved in so many times he has miners trapped inside him. (A tip of the hat to John Fugelsang for that line.). Well, I’m currently ...
by MrTrueLiberal
Comment Count 63 comments on Sun Jul 01, 2012 at 07:59 PM PDT with 1 Recommend
Not the original $2B estimate. Not the additional $2B Jamie Dimon thought might occur over the next few months. Nine billion dollars . The bank's exit from its money-losing trade is happening ...
by blue aardvark
Comment Count 57 comments on Thu Jun 28, 2012 at 06:25 AM PDT with 86 Recommends
To all my liberal friends who support Obama unconditionally and consider him the smartest guy in the class and always in control, the following is a primary reason why I believe you've bought into ...
by MrTrueLiberal
Comment Count 15 comments on Fri Jun 22, 2012 at 09:40 AM PDT with 1 Recommend
Like many here, I truly enjoyed the notion that we could stop right wing billionaires from buying the upcoming election by getting "our" billionaires to pledge to match them dollar for dollar in ...
by Man from Wasichustan
Comment Count 9 comments on Mon Jun 18, 2012 at 04:31 AM PDT with 4 Recommends
Lord Dimon made an appearance at our House of Lords this Wednesday. Lord Bob Corker: "Oh my, Mr. Dimon, whatever should we do to uhhh, make things better.. we have plum run out of ideas!"
by Superpole
Comment Count 8 comments on Fri Jun 15, 2012 at 09:10 AM PDT with 2 Recommends
by Mark Fiore
Comment Count 25 comments on Thu May 31, 2012 at 06:50 AM PDT with 35 Recommends
For a brief moment, I thought the dynamic comedy duo of Parker and Stone had taken up writing for the Wall Street Journal. Reminiscent of the famous South Park episode where flannel-clad gun-toting ...
by sbdecker
Comment Count 8 comments on Fri May 25, 2012 at 07:09 AM PDT with 9 Recommends
[NOTE: This crosspost from Michael Olenick is also Part II of a two-part post, today, with the headline of the first part of this post entitled: [http://www.dailykos.com/story/2012/05/24/1094397/-...
by bobswern
Comment Count 73 comments on Thu May 24, 2012 at 04:56 AM PDT with 216 Recommends
Though the principles of the banking trade may appear somewhat abstruse, the practice is capable of being reduced to strict rules ... To depart upon any occasion from those rules in consequence of ...
by Karen Hedwig Backman
Comment Count 3 comments on Sun May 20, 2012 at 10:45 AM PDT with 3 Recommends
The home eventually sold for around $720,000, according to Utah County records, after J.P. Morgan Chase agreed to write off the loss in the value and Lee forfeited his "significant" down payment. ...
by blue aardvark
Comment Count 25 comments on Sat May 19, 2012 at 08:50 AM PDT with 18 Recommends
by WALTER BRASCH It’s time to retire the 99 percent. Not the people, but the slogan that identifies the Occupy Movement. “We’re the 99 percent” slogan focused upon two completely ...
by brasch
Comment Count 17 comments on Thu May 17, 2012 at 03:32 AM PDT with 5 Recommends
This past weekend, Jamie Dimon, on his whirlwind tour to try to explain away a $2 billion loss, said on "Meet The Press": "I would call myself a 'barely Democrat." I could not agree more.
by Tasini
Comment Count 6 comments on Mon May 14, 2012 at 11:30 AM PDT with 16 Recommends
"Not a Life-Threatening Loss." So did JP Morgan Chase's Chief Executive, Jamie Dimon, describe his company's loss of $2,000,000,000 (give or take a nickel) last week as bets the company placed in ...
by jpmassar
Comment Count 23 comments on Sun May 13, 2012 at 07:54 PM PDT with 28 Recommends
We now live in a world in which we're trying to recover from the greatest financial crisis since the Great Depression. And we just learned today that JP Morgan Chase lost two billion dollars in ...
by jpmassar
Comment Count 114 comments on Sat May 12, 2012 at 01:27 PM PDT with 175 Recommends
For roughly three years—much to the chagrin of many, even in this community--I’ve been writing about how Dodd-Frank would be all but D.O.A. by the time the banks and their lobbyists concluded ...
by bobswern
Comment Count 161 comments on Sat May 12, 2012 at 07:06 AM PDT with 330 Recommends