Archive for February, 2012

JPMorgan Chase CEO: I Was Safer In Lebanon Than With The Occupy Protesters

February 20, 2012

The following article is brought to you by HuffingtonPost.Com. For Jamie Dimon, the shelter of his Upper East Side mansion isn’t enough to keep him safe from the Occupy protesters. Instead, the JPMorgan Chase CEO said he felt safer halfway around the world that October day when protesters occupied the sidewalk outside his Manhattan home. […]

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Jamie Dimon Beware: The Wall Street Journal Says It Is Time to Break Up the Big Banks

February 20, 2012

The following article is brought to you by David Paul at HuffingtonPost.Com. This week, four years after the collapse of Bear Stearns, the two hedge fund managers who helped bring about its demise, Ralph Cioffi and Matthew Tannin, agreed to pay $1 million to settle a civil suit brought by the Securities and Exchange Commission. […]

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Where Is Jamie Dimon When You Need Him?

February 18, 2012

The following article is brought to you by Dennis Kelleher at HuffingtonPost.Com JP Morgan Chase CEO Jamie Dimon is constantly running around railing about financial reform generally and the Volcker Rule in particular, usually in such hyperbolic terms that it should self-discrediting. Here’s one example of his over-the-top ridiculous claims about the Volcker Rule: “We […]

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Obama: Mortgage Deal Turns Page On Reckless Era

February 9, 2012

The following video is brought to you by the Associated Press.

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Fed Fines Five Banks $766.5 Million in Mortgage Settlement

February 9, 2012

The following article is brought to you by Joshua Zumbrun at Bloomberg.Com The Federal Reserve announced it will fine five banking organizations a total of $766.5 million as part of a broader settlement over foreclosure actions. “The monetary sanctions would be assessed for unsafe and unsound processes and practices in residential mortgage loans servicing and […]

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