Monday, May 14, 2012

Why It Matters That JPMorgan Lost $2 Billion Trading In Six Weeks Dear Mr. Dimon Here's I Should Be JP Morgan Chase's New Chief Investment Officer... Less Hyperventilating on $2B Loss Please How Did Lose Billions One Trade London 'Whale' Explained to Pay 1.9M in Damages Analyst Blog J.P. Faces Shareholders Tuesday Losses From Hedged Bet Gone Wrong Morgan's Drew Retires; Zames Take CIO Post Crisis Time Break Up the Banks Pressure Grows White House Reinforces Need for Oversight Stricter After Comment Biden proves catalyst Obama gay marriage Chase reports billion loss past six weeks risky derivatives It’s Crunchtime stock plunges after 6figure banker $30Kayear butcher Three Exit

JP Morgan Chase CIO Retires after giant loss The leader of JPMorgan Chase & Co's hedging unit is retiring, the bank said on Monday, marking the first casualty from stunning trading losses that experts say could exceed $3 billion. JP Morgan/Chase Exec, Wall Street's Highest Ranking Woman, Becomes First Casualty Of Bad Trade The executive responsible for trading strategy at JPMorgan Chase, one of the highest-ranking women in Wall Street, on Monday became the first casualty of the bank's stunning $2 billion loss. JP Morgan Chase: White House Says Bank Loss Shows Need For Rules ABOARD AIR FORCE ONE -- The White House says a $2 billion trading blunder by JPMorgan Chase shows the continued need for rules that protect the taxpayer when Wall Street makes mistakes. JP Morgan's $2 Billion Loss: The Political Ramifications Republicans and Democrats both stand to suffer from the ripple effects of the massive losses announced by JP Morgan Chase last week. JP Morgan Chase CEO Jamie Dimon described himself as "barely a Democrat" during an interview on NBC's "Meet the Press." Dimon has been... Both Parties Share Ties to JP Morgan Republicans and Democrats both stand to suffer from the ripple effects of the massive losses announced by JP Morgan Chase last week. JP Morgan Chase CEO Jamie Dimon described himself as "barely a Democrat" during an interview on NBC's "Meet the Press." Dimon has been... JP Morgan Chase executives step down after company loses billions JP Morgan Chase, one of the banks taxpayers bailed out four years ago, is preparing to accept three resignations this week after losing two billion in risky bets gone bad. The company's CEO Jamie Dimon says he admits they missed red flags. "We made a terrible, egregious mistake and there's almost no excuse for it," Dimon said on NBC Meet the Press. "We took far too much risk. The strategy we had ... 3 JP Morgan Chase execs to resign over huge loss An expert says the huge Chase loss is a sign that weak regulation has left the financial industry vulnerable to crashing JP Morgan executives 'set to leave' after $2bn loss Three top executives involved with a failed hedging strategy that cost JP Morgan Chase at least $2bn and tarnished its reputation are expected to leave the bank this week, according to reports. Carney: JP Morgan Loss Reinforces Why Wall Street Reform Is Necessary JP Morgan Chase's $2 billion loss shows that Wall Street needs to be better regulated, said White House Press Secretary Jay Carney on Monday. JP Morgan CEO accepts blame for $2b trading blunder JP Morgan Chase CEO Jamie Dimon came clean to stock analysts and accepted blame in a TV interview for a $2 billion trading mistake. Next he faces the shareholders, who have taken a big hit from the bank's blunder.Dimon travels to...
Key Words: jp morgan chase

References:
http://www.forbes.com/sites/nathanvardi/2012/05/10/why-it-matters-that-jpmorgan-lost-2-billion-trading-in-six-weeks/
http://www.forbes.com/sites/allenstjohn/2012/05/14/dear-mr-dimon-heres-why-i-should-be-jp-morgan-chases-new-chief-investment-officer/
http://www.ibtimes.com/articles/340153/20120511/jp-morgan-loss-london-whale.htm
http://www.zacks.com/stock/news/74215/jpmorgan-to-pay-19m-in-damages
http://www.ibtimes.com/articles/339761/20120510/jp-morgan-loss-london-whale.htm
http://online.wsj.com/article/SB10001424052702304192704577403911410998528.html?mod=rss_whats_news_us
http://online.wsj.com/video/pressure-grows-on-jp-morgan-chief/494DD248-8360-4EF2-B36D-06927FAAF06A.html
http://online.wsj.com/article/SB10001424052702304192704577404111691612268.html?mod=rss_US_News
http://feeds.denverpost.com/~r/dp-opinion-comments/~3/UTD-fl4orTc/viewtopic.php
http://feeds.jacksonville.com/~r/JacksonvillecomBusiness/~3/ytNAJ36PDPQ/jpmorgan-chase-reports-2-billion-loss-past-six-weeks-risky
http://feedproxy.google.com/~r/orlandosentinel/news/local/southwest/~3/5ZAP5IRc33A/sns-la-la-fi-mo-jpm-losses-20120510,0,5118588.story
http://rss.cnn.com/~r/rss/magazines_fsb/~3/WC4rou9xg9E/index.htm
http://pixelhat.net/

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