Tuesday, May 15, 2012

Geithner jpmorgan

  • Treasury Secretary Timothy F. Geithner said JPMorgan Chase Co (JPM)'s. $2 billion trading loss was a "pretty significant risk-management failure" and will prompt close scrutiny by regulators.
  • (Bloomberg)
  • WASHINGTON – Treasury Secretary Tim Geithner said Tuesday that the recent $2 billion trading loss by JPMorgan helps make the case for tougher rules on financial institutions, as regulators implement the 2010 law aimed at policing Wall Street.
  • (USA Today)
  • WASHINGTON (Reuters) - The loss of billions of dollars in trading at JPMorgan Chase Co strengthens the case for reforms of the financial system, U.S. Treasury Secretary Timothy Geithner said on Tuesday.
  • (Geithner - Reuters India)
  • Treasury Secretary Timothy Geithner on Tuesday weighed in on JP Morgan's $2 billion loss, saying that the bank's risky hedging makes a "very powerful case" for financial reform.
  • (Politico.com)
  • U.S. Treasury Secretary Timothy Geithner said JPMorgans losses strengthened the case for reform. I think this failure of risk management is just a very powerful case for financial reform, Geithner told an event in Washington sponsored by the Peterson Foundation.
  • (msnbc.com)
  • Now, with Dimon reeling from the uproar over  J.P.
  • (The Fiscal Times)
  • (CNN)-- JPMorgan Chase can be considered a systemically dangerous was passed as part of the Dodd-Frank Act over the objections of Treasury Secretary Timothy Geithner and almost the entire Republican congressional delegation.
  • (CNN)
  • WASHINGTON (Dow Jones) -- U.S. Treasury Secretary Timothy Geithner on Tuesday said the U.S. was gradually pulling out of its economic woes and said Americas ability to deal with budget problems was stronger than Europes, even as the U.S.
  • (4-traders (press release))

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