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Markets Are Staging A Major Up Day

Quietly, today is turning out to be a biggie. The Dow is up about 150 points. Helping things, perhaps? JPMorgan is up 3.6% after reporting earnings and clearing the air (kind of) on the London Whale trade. Citigroup is also up over 3%. The S&P 500 is up just over 1%. Please follow Money Game on Twitter and Facebook. Join the conversation about this story »
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See more about: London Whale

JPMorgan pays another ‘London Whale’ fine

Business & Finance : Business Report (6 months ago)

JPMorgan Chase has agreed to pay the latest in a string of fines for the disastrous “London Whale” trades. ||| Washington - The London Whale is the gift that keeps giving for regulators. JPMorgan Chase & Company has agreed to pay th... Read Post

Jamie Dimon Gets HUGE Pay Cut Following The London Whale Loss

Business & Finance : Business Insider: Clusterstock (last year)

JPMorgan Chase CEO Jamie Dimon took a huge pay cut following the "London Whale" trade. His 2012 compensation is $11.5 million, which is half of what he took home for 2011. In an SEC filing the went along with today's earnings report... Read Post

REPORT: JPMorgan Agrees To Pay $920 Million In Fines Over The 'London Whale' Trading Loss

Business & Finance : Business Insider: Clusterstock (7 months ago)

JPMorgan Chase agreed to pay $920 million in fines as part of a settlement with regulators in the London Whale trading loss case, Bloomberg News' Dawn Kopecki is reporting. Those fines will be paid amongst the SEC ($200 million), th... Read Post


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