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May 22, 2013

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Tag: Volcker Rule


DonkeyHotey (CC BY-SA 2.0)

Why the Senate Won’t Touch Jamie Dimon

JPMorgan Chase is the biggest campaign donor to many of the members of the Senate Banking Committee who were charged with investigating the bank’s CEO, Jamie Dimon, in mid June.

Posted on Jun 21, 2012 READ MORE


Paul Volcker and His Rule

JPMorgan Chase CEO Jamie Dimon may be less concerned with the actual $2 billion his bank lost than the credence it lends to calls for tougher regulation.

Posted on May 16, 2012 READ MORE  |  1 COMMENT


JPMorgan and the $2 Billion Bet

University of Missouri-Kansas City professor, author and former financial regulator William Black explains what’s wacky about JPMorgan Chase’s version of events that led to the firm’s $2 billion loss in the derivatives market last week.

Posted on May 15, 2012 READ MORE  |  3 COMMENTS



swanksalot (CC BY-SA 2.0)

Fallout From JPMorgan Chase’s $2 Billion Loss

JPMorgan Chase & Co. weathered the 2008 financial crisis without reporting a loss. But a failed hedging strategy that recently cost the company $2 billion has called into question the ability of its leaders to manage risk and intensified the debate on banking reform.

Posted on May 11, 2012 READ MORE  |  9 COMMENTS



Homosexuality May Become a Felony in Liberia

Liberia is considering two proposals that would make consensual same-sex acts punishable with jail time; NATO refuses to get involved in the crisis in Syria; and a Jewish journalist killed by terrorists was baptized posthumously by the Mormon Church. These discoveries and more after the jump.

Posted on Mar 3, 2012 READ MORE  |  4 COMMENTS


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A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
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