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15 Mar 2013, 5:04 am by Doug Cornelius
JPMorgan Hid Trades Banned by Volcker Rule, Senate Probe Finds by Cheyenne Hopkins in Bloomberg JPMorgan Chase & Co. engaged in high-risk proprietary trading under the guise of ordinary hedging, said Senate investigators, who urged U.S. regulators to strengthen the proposed ban on such trades known as the Volcker rule. [read post]
13 Mar 2013, 6:40 am
CanadaJudge will not ban public, media from Magnotta's trial, Toronto StarQuebec election shooter given three weeks to decide on a lawyer or to represent himself: judge, Calgary HeraldAir Canada gets more time to meet pension fund obligations, executive pay freeze imposed, The Globe and MailUnited StatesGender discrimination case to proceed against JPMorgan Chase despite plaintiff's lack of disclosure, judge says, ReutersAmazon could test antitrust law by buying web site suffixes,… [read post]
4 Mar 2013, 8:32 am by Editorial Board
  Plaintiffs claimed that JPMorgan and affiliated entities made fraudulent misrepresentations concerning the riskiness of the securitizations at issue and the underlying loans. [read post]
1 Mar 2013, 8:00 am by Doug Cornelius
The 2008 financial crisis began in March 2008, when the Federal Reserve announced an unprecedented action to lend $30 billion to JPMorgan Chase to buy Bear Stearns. [read post]
1 Mar 2013, 8:00 am by Doug Cornelius
The 2008 financial crisis began in March 2008, when the Federal Reserve announced an unprecedented action to lend $30 billion to JPMorgan Chase to buy Bear Stearns. [read post]
1 Mar 2013, 8:00 am
The 2008 financial crisis began in March 2008, when the Federal Reserve announced an unprecedented action to lend $30 billion to JPMorgan Chase to buy Bear Stearns. [read post]
22 Feb 2013, 11:19 am by Mark M. Campanella, Esq.
As many of you might recall, five of the nation’s largest banks – Bank of America, JPMorgan Chase, Wells Fargo, Citibank and Ally Financial – entered into a settlement agreement with the federal government and 49 state attorney generals in 2012 to resolve outstanding claims related to improper mortgage foreclosure practices. [read post]
16 Feb 2013, 8:45 am by Adam Levitin
JPMorgan Chase, however, has a book value of $195 billion, but a market cap of just $186 billion. [read post]
12 Feb 2013, 8:50 am by Andrew & Danielle Mayoras
The Duke trusts are being managed by corporate giants JPMorgan Chase and Citibank. [read post]
8 Feb 2013, 2:52 pm by Stephane Dupont
An Aurora woman, allegedly frustrated with her non-responsive mortgage company, spray painted the following message on her garage door: “"Jamie Dimon & JPMorgan Chase JP Morgan Chase is stealing this home. [read post]
7 Jan 2013, 8:45 pm by Craig
  It was big news today as the government reached an $8.5 billion settlement to resolve foreclosure abuse issues involving ten major mortgage banks including Bank of America, JPMorgan Chase, Wells Fargo and Citibank. [read post]
3 Jan 2013, 7:12 pm
From The Oregonian:The settlement, announced in February, sets aside $1.5 billion for direct payments to about 2 million borrowers nationwide whose homes were foreclosed between 2008 and 2011 by one of five participating mortgage servicers: Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo. [read post]
25 Nov 2012, 11:37 am by Mandelman
  JPMorgan Chase, for example, owns just over a million shares, and Goldman Sachs owns just under a million. [read post]
20 Nov 2012, 2:05 pm by Phillips & Cohen
. ($45 million), PNC Bank ($38 million), First Tennessee Bank ($16 million), SunTrust Mortgage ($10.2 million) and CitiMortgage ($7.5 million).In March, JPMorgan Chase agreed to pay $45 million to settle similar claims against it.The whistleblower lawsuit, which is being litigated by three private law firms on behalf of the federal government, will proceed against Wells Fargo and Mortgage Investors Corporation ("MIC"). [read post]
16 Nov 2012, 2:12 am by Mandelman
  At 51 years old, I’d have to say that remembering back to college days is generally a pleasurable experience…not always though. [read post]
6 Nov 2012, 2:13 pm
Barack Obama University of California $1,092,906 Microsoft Corp $761,343 Google Inc $737,055 US Government $627,628 Harvard University $602,992 Mitt Romney Goldman Sachs $994,139 Bank of America $921,839 Morgan Stanley $827,255 JPMorgan Chase & Co $792,147 Credit Suisse Group $618,941 Sector Totals Barack Obama (D) Agribusiness $1,881,709 Communications/ Electronics $18,885,143 Construction $3,723,263 Defense $985,575 Energy & Natural Resources $2,172,790 Finance,… [read post]
2 Nov 2012, 11:52 am by Karen K. Harris
Specifically, on May 10, 2012, JPMorgan Chase announced that it had $2 billion in trading losses on mistakes made in hedging the market. [read post]