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, […]

A Whistle Blower Triumph – JPMorgan Drops Pursuit of Millions (Billions?) In Credit Card Debt

Published on June 25, 2011 By admin

The following article is brought to you by Stephanie Eidelman of Forbes Magazine. In November 2010 one of our contributors to insideARM.com (ARM stands for accounts receivable management), Jerry Ashton, wrote a piece titled Follow Directions or be Fired! A Debt Professional’s Dilemma, in which he described how a so-called whistle-blower had been fired by […]