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JPMorgan Chase Fought Rule on Risky Trading
JPMorgan Chase fought for the ability for banks to make big bets in their portfolios, including some of the types ...Posted by Fabrice Florin -
At JPMorgan, the Ghost of Dinner Parties Past
The $2 billion trading loss disclosed last week by JPMorgan Chase shows how the tables have turned on the bank and ...Posted by Fabrice Florin -
JP Morgan trader blows $13bn hole in bank
Shockwaves spread across markets after $2bn trading loss at US bank, which had campaigned to water down regulations ...Posted by Fabrice Florin
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'Naked Short Selling'
“Fuck the compliance area – procedures, schmecedures,” chirps Peter Melz, former president of Merrill Lynch ...Posted by Dwight Rousu -
Mitt Romney Debt Speech Ignores Key Facts
When Republican presidential hopeful Mitt Romney decried the "prairie fire" of U.S. debt Tuesday, he ignored some ...Posted by Dwight Rousu
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JPMorgan Chase’s $2 Billion Loss
The lesson of JPMorgan’s stunning $2 billion trading loss is that the banks haven’t learned their lesson, and ...Posted by Fabrice Florin -
Europe’s rush to austerity will have severe consequences.
This year’s annual meeting of the International Monetary Fund made clear that Europe and the international ...Posted by Fabrice Florin -
Capitalists and Other Psychopaths
is an ongoing debate in this country about the rich: who they are, what their social role may be, whether they are ...Posted by Fabrice Florin
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How Crazy Is Wall Street, New York Times?
The New York Times published an opinion piece on May 12, 2012, concerning the question of whether the rich, from a ...Posted by Fabrice Florin -
Jamie Dimon Should Resign Over JPMorgan's $3B Lost Bet and Campaign Against Financial Regs
(Multimedia) As the financial giant JPMorgan Chase continues to suffer major losses on its risky derivatives trades, Nobel ...Posted by Dwight Rousu
Photo: Associated press
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JPMorgan Chase Fought Rule on Risky Trading
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How Crazy Is Wall Street, New York Times?