This book is an eye-opener, a wake-up call for those in Washington to get their heads out of Wall Street’s asses, a state unthinkable for most politicians. But, it’s also a wake-up call to us, to be ever more vigilant with every one of our financial dealings, because the worst is yet to come.
|By: Nomi Prins Sunday March 23, 2014 1:58 pm|
|By: DSWright Friday January 24, 2014 12:04 pm|
Whoever said crime doesn’t pay looks pretty stupid right about now. After closing out a year where the company was forced to put aside $20 billion for criminal fines, one of JPMorgan’s first acts in the new year is to give the chairman and CEO who presided over the criminality, Jamie Dimon, a 74% raise. That’s right, a 74% raise for running an epically criminal enterprise.
|By: DSWright Thursday January 23, 2014 12:20 pm|
Not soon after JPMorgan Chase settled yet another case involved screwing homeowners, JPMorgan CEO Jamie Dimon decided to publicly lament his “unfair” treatment by the government. Dimon said that “I think a lot of it was unfair, but I’m not going to go into details” about a recent settlement with the Justice Department over a series of crimes that span from fraud in the mortgage market to helping Bernie Madoff run one of the biggest ponzi schemes in history.
|By: DSWright Friday December 13, 2013 6:42 am|
The Ryan-Murray budget deal to restore profligate military spending and cut the pension system is not winning many supporters. But not everyone is displeased with the Ryan-Murray budget deal. Jamie Dimon, the CEO of JPMorgan said he sent an email to Ryan and Murray profusely thanking them and that the deal is a sign of good things to come.
|By: DSWright Monday October 28, 2013 12:35 pm|
Since when do subjects of an investigation get a private meeting with the Attorney General of the United States? Since that Attorney General is a former (and likely future) Wall Street lawyer. US AG Eric Holder decided to break protocol and have a personal one on one meeting with JPMorgan CEO Jamie Dimon. The meeting came amidst a Department of Justice investigation into JPMorgan and Dimon related to a slew of criminality the Too Big To Fail bank had engaged in prior to, during, and after the 2008 financial crisis.
|By: Peterr Saturday October 5, 2013 9:00 am|
If the banks ran their operations more like the Mafia, the world might be a nicer place. As it is, though, the banks seem to have no problem with their foreclosure subcontractors breaking into the wrong home, or making a little extra on the side while they’re there.
But imagine how the Mafia would handle a situation like this . . .
|By: DSWright Thursday September 19, 2013 11:20 am|
After lying to regulators, manipulating the market, and putting out fraudulent documents JPMorgan will pay a relatively small fine and move on. Because when the powerful repeatedly break the law the consequences are never very severe. If we stopped these Wall Street banksters from making criminal profits they might stop making criminal profits – then where would our economy be?
|By: masaccio Wednesday May 22, 2013 2:00 pm|
Institutional investors manage your retirement money. They just love sleazy bankers who deliver to the bottom line.
|By: masaccio Monday May 20, 2013 4:16 pm|
On May 21, shareholders of JPMorgan Chase will have the opportunity to express their views of the Chairman/CEO of the mega-bank, and PR people have been filling the inboxes of every possible media outlet. They even got to the New York Post which ran an Op-Ed by Charlie Gasparino on Dimon’s bad feeling about splitting the roles of Chairman of the Board and Chief Operating Office.
|By: DSWright Monday March 18, 2013 8:30 am|
When dealing with regulators from the Office of the Comptroller of Currency (OCC) JP Morgan Chase CEO Jamie Dimon reportedly started screaming and told regulators he did not believe they should have the documents they were required to have under the law.