Archive for August, 2012

Jamie Dimon: ‘It’s A Free. Fucking. Country.’

August 27, 2012

The following article is brought to you by Bonnie Kavoussi at HuffingtonPost.Com. Jamie Dimon wants you to remember what made this country great. The JPMorgan Chase CEO insisted in a New York magazine interview, published on Monday, that people should not blame big banks for the financial crisis. When asked him about his consistent defense […]

Tags: , , ,
Posted in Home Loan Modifications, Jamie Dimon, JPMorgan Chase | No Comments »

Pension Funds Sue JPMorgan in Effort to get 8% Return

August 24, 2012

The following article is brought to you by Saul Griffith at ValueWalk.Com. JPMorgan Chase & Co. (NYSE:JPM) faces a class-action suit from investors, with public pension funds named as lead plaintiffs, who allege that they suffered losses of about $52 million because the bank allegedly provided false information, thereby concealing the real nature of the […]

Tags: , , ,
Posted in Home Loan Modifications, Jamie Dimon, JPMorgan Chase | No Comments »

FDIC Sues Goldman, JPMorgan Over Mortgage-Backed Securities

August 24, 2012

The following article is brought to you by Andrew Harris at BusinessWeek.Com. Goldman Sachs & Co. and units of JPMorgan Chase & Co. (JPM) and Ally Financial Inc. overstated the quality of loans underlying mortgage-backed securities they sold to the failed Guaranty Bank in Austin, Texas, according to lawsuits brought by the FDIC as its […]

Tags: , , , , ,
Posted in Home Loan Modifications, Jamie Dimon, JPMorgan Chase | 1 Comment »

Cope joins class action suit against JPMorgan Chase Inc.

August 24, 2012

The following article is brought to you by Phyllis A. Overstreet at TheTandD.Com. COPE — The Town of Cope has been included in a class action lawsuit against JPMorgan Chase Inc. regarding trading losses and their impact on certificates of deposit and other investments, the mayor reports. Mayor Janet Joye at Tuesday night’s regular Cope […]

Tags: , , ,
Posted in Home Loan Modifications, Jamie Dimon, JPMorgan Chase | No Comments »

JPMorgan, UBS Said Among Banks Queried in Libor Probe

August 24, 2012

The following article is brought to you by David Mclaughlin at BusinessWeek.Com. JPMorgan Chase & Co. (JPM) and Barclays Plc (BARC) are among seven banks subpoenaed in New York and Connecticut’s investigation into alleged manipulation of Libor, according to a person familiar with the matter and company filings. Subpoenas were sent in recent weeks to […]

Tags: , , , , ,
Posted in Home Loan Modifications, Jamie Dimon, JPMorgan Chase | No Comments »