If you watched the recent presidential debates or the Republican and Democratic conventions, you might have gotten the …
London Whale
JPMorgan’s ‘London Whale’ Loss Rises to $3 Billion as Lawsuits Fly
Days after disclosing a massive derivatives trading loss, JPMorgan Chase was hit with three shareholder lawsuits accusing company executives — and its CEO Jamie Dimon — of misleading investors about the extent of the blunder. …
FBI Launches JPMorgan Probe as Dimon Keeps $23M Pay Package
The FBI has opened a probe of JPMorgan’s $2 billion botched trade, which has wiped out nearly $20 billion in shareholder equity and renewed calls for more aggressive regulation of Wall Street. News of the federal probe, which was …
Will JPMorgan’s $2 Billion Blunder Finally End ‘Too Big to Fail’?
JPMorgan’s $2 billion bungled trade has severely damaged the reputation of its CEO Jamie Dimon and vaporized nearly $20 billion in shareholder value. But will it lead to the kind of enhanced Wall Street regulation many experts …
Top JPMorgan Exec Out Over $2B Blunder as CEO Dimon Faces Heat
JPMorgan Chase moved swiftly on Monday to contain the growing fallout from a trading loss that could reach $3 billion or more, replacing the bank’s chief investment officer Ina Drew and moving to tamp down a growing furor over …
