Thursday, May 17, 2012

Jpmorgan chase

  • BOSTON — The Massachusetts Democratic Party said Thursday that it had made Freedom of Information Act requests to six government agencies in hopes of learning whether Senator Scott P.
  • (New York Times Blogs)
  • WASHINGTON (Reuters) - JPMorgan Chase Co Chief Executive Jamie Dimon has agreed to testify before Congress over the banks recent trading losses, which have ignited a political debate over whether large U.S. banks need to be reined in by regulators or new laws.
  • (msnbc.com)
  • May 17 (Reuters) - The unit at the center of JPMorgan Chase Cos recently revealed $2 billion trading loss has built up more than $100 billion in positions in asset-backed securities and structured products, the Financial Times said on Thursday.
  • (Reuters)
  • Last week, JPMorgan Chase, one of those too big to fail banks, proved that it wasnt too big to fail at its risky investments as long as the American people keep them afloat.
  • (Huffington Post)
  • Jamie Dimon has agreed to testify before Congress about JPMorgan Chase Co.'s $2 billion blunder.
  • (New York Daily News)
  • The fallout from a massive investment loss at JPMorgan Chase continued to spread Wednesday, as shareholders filed lawsuits against the bank and members of Congress used the incident to defend strong bank regulation – or to promote more of it.
  • (The Christian Science Monitor)
  • Simon Johnson is the Ronald A. Kurtz Professor of Entrepreneurship at the M.I.T. Sloan School of Management and co-author of "White House Burning: The Founding Fathers, Our National Debt, and Why It Matters to You.
  • (New York Times Blogs)
  • There seems to be no end to JPMorgan Chase Co. s ( JPM) woes following the announcement of its huge mark-to-market loss of about $2 billion in the first six weeks of the second quarter.
  • (Analyst Blog - NASDAQ)
  • Last week when JPMorgan Chase Co. warned investors about a $2 billion trading loss at its chief investment office, it also disclosed it had been using a faulty model to determine the units so-called value at risk.
  • (Bloomberg)
  • Since JPMorgan Chase (JPM) announced a $2 billion loss on derivatives on 10 May 2012, the blogosphere has been abuzz with tales of the so-called London Whale, also known as Valdemort.
  • (Seekingalpha.com)

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