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13 Jun 2012, 11:06 am by Jenna Greene
JP Morgan Chase & Co. chief executive Jamie Dimon told members of the Senate Banking Committee today that it is unrealistic to think on-site regulators could have prevented the firm's $2 billion-plus trading loss, which he characterized as "purely a management mistake. [read post]
7 Jun 2012, 6:14 am by Josh Sturtevant
  Under the terms of the landmark National Mortgage Settlement, (NMS) the 5 largest mortgage originators (GMAC, Bank of America, Citi, JP Morgan Chase and Wells Fargo) reached a $25 billion agreement with the US Attorney General, representing the Obama administration's latest response to the mortgage crisis. [read post]
5 Jun 2012, 6:57 pm
Also, for all online complaints registered with the CFPB, the bureau will forward your client’s complaint to the company, issue a tracking number, and keep you or you updated regarding the status.Auto Loans or Other Consumer Loan Complaints (other than mortgage and student loan problems)     Consumer Financial Protection Bureau (CFPB)Auto Dealer Complaints    FTC Complaint AssistantBank Account or Bank-Related Service Complaints Consumer Financial… [read post]
23 May 2012, 8:29 am by Kevin LaCroix
And shortly after JP Morgan Chase announced significant trading losses on a failed hedging strategy, lawsuits followed shortly thereafter. [read post]
19 May 2012, 12:56 pm by Kate McGuinness
Because of her success, Jamie Dimon, JP Morgan’s CEO, rarely grilled her at operating committee meetings as rigorously as her counterparts. [read post]
19 May 2012, 9:13 am by James Hamilton
Noting his support of the Dodd-Frank Act, Senator Scott Brown (R-MA) reminded JP Morgan Chase & Co. that if the recent $2 billion trading loss leads to a restatement of the company’s first quarter results, Dodd-Frank requires that any incentive compensation that would not have been awarded under the earnings restatement be subject to a mandatory clawback under a strict liability standard. [read post]
17 May 2012, 9:46 pm
To Explain Over $95B of Mortgage-Backed Securities, Institutional Investor Securities Blog, December 17, 2011 JP Morgan Chase To Pay $150M to Settle Securities Lawsuit Over Lending Program Losses of Union Pension Funds, Stockbroker Fraud Blog, March 26, 2012 [read post]
17 May 2012, 8:43 am
Even more outrageous, the insurance company JP Morgan Chase uses in these scenarios is an affiliated brokerage entity in which the company has a financial interest. [read post]
16 May 2012, 5:30 pm by Colin O'Keefe
– Seattle lawyer Dan Harris of Harris & Moure on the firm’s China Law Blog The Bathroom Rule and Other Reasons to Choose Experienced Counsel – Roanoke appellate attorney Jay O’Keeffe of Gentry Locke Rakes & Moore on his blog, De Novo Client Development Lessons from South Dakota – Dallas, Texas lawyer coach Cordell Parvin on the Cordell Parvin Blog Negotiation Studies – The Anchoring Problem – Virginia attorney Andrew Trask of McGuireWoods on the… [read post]
16 May 2012, 1:35 am by Kevin LaCroix
In the wake of JP Morgan Chase’s startling news last week of its $2 billion trading loss, and of the equaling startling statements of Jamie DImon, the bank’s CEO, that the losing trades were, among other things, “flawed, complex, poorly reviewed, poorly executed, and poorly monitored,” there has been speculation whether these disclosures would lead to litigation. [read post]
1 May 2012, 12:58 pm by Law Lady
JP MORGAN CHASE BANK, N.A., ET AL., Appellees/Cross-Claimants/plaintiffs. 3rd District.Appeals -- Timeliness -- Untimely motion for rehearing did not toll rendition of final order for purposes of appeal -- Appeal dismissedIVORY MILES, JR., Appellant, v. [read post]
23 Apr 2012, 3:00 am by Louis M. Solomon
JP Morgan Chase Bank, N.A., et al., 11 Civ. 3283 (S.D.N.Y. 2011)(DLC), presents an extended discussion of the requirements, and pitfalls, of a judgment-creditor’s efforts to collect on a judgment. [read post]
22 Mar 2012, 3:46 pm by admin
The lawsuit sought to recover money not only from JP Morgan Chase, but also from seven other banks and mortgage companies including CitiMortgage, Bank of America, Wells Fargo Bank, PNC Bank, and Washington Mutual Bank. [read post]
21 Mar 2012, 8:35 pm
According to the Web Crims, as well as many media outlets, Amos, a possible member of the 99% and Occupy Wall Street, really showed JP Morgan Chase who is boss. [read post]
16 Mar 2012, 10:38 am by Rob Stigile
" With the help of a computer and printer, Davidson would produce checks bearing the names of well-known financial companies like JP Morgan Chase and The Carlyle Group. [read post]
15 Mar 2012, 8:20 am by Lovechilde
Enron’s court-appointed trustee reported that bankers from Citigroup and JP Morgan Chase didn’t merely look the other way; they dreamed up and sold Enron financial schemes specifically designed to allow Enron to commit fraud. [read post]