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By Bob Clark, AdvisorOne |
July 25, 2012
An upcoming bill would raise the penalties the SEC can impose on financial ne'er-do-wells. Maybe Congress’ time would be better spent increasing the likelihood that the SEC will catch anyone—by, oh, I don’t know, maybe increasing their funding?
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By John Sullivan, AdvisorOne |
July 16, 2012
The Oracle of Omaha had some contrarian things to say about the U.S. economy, the big banks, and what he calls “the tapeworm of the American economy,” on Bloomberg TV.
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By Joyce Hanson, AdvisorOne |
July 13, 2012
Friday the 13th was lucky for JPMorgan and Wells Fargo as both banks’ stocks rose higher despite dark news that preceded their Q2 earnings reports.
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By John Sullivan, AdvisorOne |
June 28, 2012
The loss suffered by JPMorgan (and its investors) is either attributed to the “London Whale” or “complacency.”
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By Marlene Y. Satter, AdvisorOne |
June 25, 2012
After calling for JPMorgan's CEO Jamie Dimon to step down from his position on the board of the New York Federal Reserve, Simon Johnson, former chief economist at the IMF, started a petition.
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By John Sullivan, AdvisorOne |
June 19, 2012
“He charms,” Meredith Whitney said. “He’s incredible. He gave the senators a massage and they gave him a massage back.”
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By Melanie Waddell, AdvisorOne |
June 13, 2012
“In hindsight,” JPMorgan Chase CEO Jamie Dimon told the Senate Banking Committee on Wednesday, “traders did not have the requisite understanding of the risks they took.”
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By Melanie Waddell, AdvisorOne |
May 31, 2012
The Senate Banking Committee announced Thursday that JPMorgan Chase CEO Jamie Dimon will testify on June 13 regarding the bank's trading losses.
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By Knut A. Rostad |
May 29, 2012
Do JPMorgan's own words on its fiduciary duty meet the higher demands of the Dimon Principle?
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By Melanie Waddell, AdvisorOne |
May 17, 2012
Sen. Tim Johnson, D-S.D., chairman of the Senate Banking Committee, said Thursday that he planned to hold the first hearing regarding the JPMorgan losses on Tuesday, May 22.