Tag Archive

JPMorgan May Lose $5 Billion on Derivatives, WSJ Reports

Published on May 18, 2012 By admin

The following article is brought to you by Nathaniel Espino at BusinessWeek.Com. JPMorgan Chase & Co. (JPM) (JPM)’s loss from derivatives trading may widen to $5 billion, the Wall Street Journal reported. Chief Executive Officer Jamie Dimon personally approved the strategy that led to the trades, without monitoring how they were executed, the newspaper said, […]

Statewide task force looking into mortgage fraud

Published on May 25, 2011 By admin

The following article is brought to you by Andrew S. Ross at The San Francisco Chronicle. Note to the thousands of Bay Area and California homeowners who have fallen victim to mortgage fraudsters and foreclosure scammers: A statewide Mortgage Fraud Strike Force is on the case. Launched this week by California Attorney General Kamala Harris, […]