Thanks To GOP Budget Cuts, White Collar Criminals Go Scot Free

GOP Budget Cuts Mean Less White Collar Criminals Get Investigated The Huffington Post  |  By Mark Gongloff Austerity isn’t just hurting the U.S. economy: It’s also starving Wall Street’s watchdogs. The Commodity Futures Trading Commission has decided not to press charges against two traders in the “London Whale” case partly because it is so strapped for cash, […]

Oh, Whoa, Whoa, Jamie’s Cryin’ As JPMChase Is Downgraded By Regulators

John Carney, CNBC The Senate report on JPMorgan Chase’s London Whale fiasco revealed that federal regulators secretly downgraded the bank’s management rating last summer—a fact kept from investors and the public until last week. The downgrade of JPMorgan’smanagement resulted from the Office of the Comptroller of the Currency finding that the bank suffered from “lax governance and oversight […]

JPMorgan Chase Gone Wild: The Reckless Management of Jamie Dimon

NEW REPORT ON JP MORGAN CHASE: OUT OF CONTROL BetterMarkets.com   Graham Fisher & Co. has released a new report on JP Morgan Chase.  Here’s their introduction, and the report is attached below: “On Friday, the Senate Permanent Subcommittee on Investigations will release the final report on the losses associated with failures of internal controls […]

London Whale Could Cost Jamie Dimon An Arm and A Leg

The Huffington Post  |  By Jillian Berman JPMorgan Chase will likely slash the bonus of its CEO Jamie Dimon over the bank’s major trading loss earlier this year, according to a Wall Street Journal report. JPMorgan’s board will weigh releasing an internal report this week that pins some of the fault for the bank’s “London Whale” trading loss earlier this […]

Why Wasn’t Jamie Dimon Given The Bum’s Rush By The NY Fed?

Like A Party Guest That Won’t Leave, Jamie Dimon Finally Leaves New York Fed Steve Dibert, MFI-Miami Six months after being shown the door, JPMorgan Chase CEO Jamie Dimon has finally left the Board of Directors of the Federal Reserve Bank of New York. In May, a fierce debate erupted within the NY Fed about […]

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