Robert Scheer / TruthdigMay 17, 2012
How did we end up with such smart scoundrels? Even after it was known that Jamie Dimon's bank blew more than $2 billion, Barack Obama still had praise for the intellect of his political backer.Even after it was known that Jamie Dimon's bank blew more than $2 billion, Barack Obama still had praise for his political backer. Dig deeper ( 3 Min. Read )
Staff / TruthdigMay 16, 2012
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. Dig deeper ( 1 Min. Read )
Staff / TruthdigMay 15, 2012
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. Dig deeper ( 1 Min. Read )
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Staff / TruthdigMay 11, 2012
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. Dig deeper ( 1 Min. Read )
Staff / TruthdigOct 12, 2011
Wall Street protesters joined progressive and community groups Tuesday on a march to the homes of several New York City billionaires to demand that Gov. Andrew Cuomo and state lawmakers extend a surcharge tax on the state’s wealthiest residents, and New York City physician Bertha Bauer stands with them. (more) Dig deeper ( 2 Min. Read )
Staff / TruthdigOct 3, 2011
Art exhibitions reveal the real Gertrude Stein; young American Jews are disagreeing with their parents' views on Palestine; meanwhile, the battle over bin Laden postmortem photos continues. These discoveries and more after the jump. Dig deeper ( 2 Min. Read )
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