``After all, how could this one guy possibly pull off such a crime and at that scale and for so long? He couldn't have and didn't. Like most substantial illegal and criminal financial activities, Madoff had a very close relationship with a big Wall Street bank: JP Morgan Chase, the country's largest bank''
As the headlines have made clear for years, JP Morgan Chase has a long rap sheet of illegal conduct and, although overlooked, it includes enabling Bernie Madoff's $64.8 billion Ponzi scheme, the largest in history, which caused net losses...Show More Summary
"Be contrarian," says Tom Lee. "Investors are expecting 2015 to be a low-return year and are focusing on deflation and Fed tightening." Lee, the former chief US equity strategist for JP Morgan and current head of Fundstrat Global Advisors,...Show More Summary
As many already know, I've created a startup called Veritaseum that specializes in using the programmable aspects of digital currencies to create "Smart Contracts" to disintermediate legacy businesses that extract rents without adding the requisite value to justify said rents. Show More Summary
JP Morgan CEO Jamie Dimon. Photo by XXX With the passage of the 2015 federal budget bill, JP Morgan CEO Jamie Dimon got lawmakers to repeal a key part of the 2010 Dodd-Frank financial reform law and allow banks to use the savings...Show More Summary
Wall Street banks like Citigroup and JP Morgan Chase have flexed the power of their influence in Congress to pressure Congress and the White House into a key change in the law that will allow the trading of risky financial derivatives in bank operations that are insured by the Federal Deposit Insurance Corp. This means […]
he CEO of America’s biggest bank, JP Morgan, appears to have Washington at his beck and call but is his push to repeal a key financial safeguard a step too far? If you want to understand what’s wrong with the US financial system, start by asking this question: why does Jamie Dimon always get his...
The Wall Street deregulation measure that inspired a lefty revolt against the "cromnibus" spending deal shares some worrying characteristics with a fateful 2000 deregulatory move. The post How Citigroup Lobbyists And JP Morgan’s CEO Just Took Public Oversight Of Wall Street Back 14 Years appeared first on ThinkProgress.
``Ten banks, including Goldman Sachs and JP Morgan, were fined $43.5 million for violating Elliot Spitzer-era rules prohibiting their equity analysts from promising favorable coverage in exchange for lucrative investment banking business.''
Bitcoin is passé to many in the tech world these days, but Circle didn't get the memo: the virtual currency firm is plowing ahead with its outsize ambitions to integrate virtual currency into…
Michelle Miller, a former banker at JP Morgan, just landed a six-figure book deal based on her self-published online series "The Underwriting," a 12-part weekly serial found on theunderwriting.com. The corporate thriller series is being...Show More Summary
The U.S. dollar is on a major strong streak, but that's worrisome news for other countries around the world. The dollar's continued rise has hit e merging market currencies hard, and, Mond ay, JP Morgan's index of EM currencies reached...Show More Summary
JP Morgan Chase is looking for a Hadoop Data Architect Lead in Brooklyn, NY. According to the post, “The Risk ODS Storage Re-platforming group is seeking a ‘Hands On’ Build Manager with Core Java development leadership and production delivery experience to join our system’s data distribution platform team. Show More Summary
Jamie Dimon, chairman and CEO of JP Morgan Chase has ” a healthy fear of the unknown,” as in the “unknown” but sooner or later expected financial crisis in our future. Warren Buffett, the chairman of Berkshire Hathaway reckons there will be a “discontinuance,” a financial crisis in the form of a disruption, disjunction, or […]
JPMorgan CEO Jamie Dimon told employees in a memo that his latest round of test results show no evidence of cancer in his body. "The good news is that the results came back completely clear, showing no evidence of cancer in my body,"...Show More Summary
J.P. Morgan’s Mark Murphy today initiates on 12 software names, assigning Overweight ratings to seven names — Cornerstone onDemand (CSOD), Marketo (MKTO), NetSuite (N), Paycom (PAYC), Salesforce.com (CRM), Tableau (DATA), Ultimate Software (ULTI) — a Neutral rating to four — Workday (WDAY), Splunk (SPLK), Informatica (INFA), HubSpot (HUBS) — and an Underweight rating to Oracle [...]
Alt Text: Columnist Robert Fox A cyber attack on America’s largest bank, JP Morgan, raises questions only Vladimir Putin can answer Column Robert Fox Monday, December 1, 2014 - 9:22am This summer up to 83 million American citizens were...Show More Summary
In 2011, Dean O’Malley walked away from a high-paying job with no plans for the future, other than to escape the world of finance. His IT job at JPMorgan Chase (JPM) had survived the financial crisis, but he had no desire to stick around for the next one. Show More Summary
In December 1912, no lessor man than J.P.Morgan testified to Congress to "justify Wall Street," during investigations over alleged manipulation and collusion. The transcript reads like it could have been given yesterday (as nothing ever...Show More Summary
LeapFrog Investments, a private equity firm backed by George Soros and JP Morgan, has bought a majority stake in Kenyan insurer Resolution in a deal valued at 1.68 billion shillings (R202 million), both firms said yesterday. ||| LEAPFROG...Show More Summary