jp-morgan
Jamie Dimon Vs. JPMorgan: One Must Go
Hamilton Nolan · 10/15/13 09:11AMJon Stewart Examines the Silliness of Jamie Dimon's Senate Testimony
Matt Toder · 06/14/12 10:30PMRecently, J.P Morgan CEO Jamie Dimon traveled to Washington DC to explain his company's massive losses to the Senate banking committee. Problem is a lot of those guys are getting campaign donations from J.P. Morgan. On tonight's Daily Show, Jon Stewart broke it all down.
Insane J.P. Morgan Stalker Is Why You Shouldn't Date Investment Bankers
Max Read · 12/06/11 10:40AMHow American Banks Are Engineering the Next Apocalypse, Again
John Cook · 11/02/11 02:31PMRemember credit default swaps? AIG? Hopelessly entangled exotic financial instruments tied to esoteric asset valuations that caused cascading defaults in 2008 and threatened to tank the global financial system unless taxpayers ate all the losses? Remember how we reformed Wall St. to make sure that never repeated itself? Someone tell Goldman Sachs, JPMorgan, and Morgan Stanley, because they've teed the whole damn thing up again, this time in Europe.
J.P. Morgan Pays $153 Million to Settle Charges of Selling Cooked Securities
John Cook · 06/21/11 01:51PMLawsuit Claims JPMorgan Ripped Off Its Clients
Jeff Neumann · 04/11/11 12:15AMSome former clients have filed a class action lawsuit against JPMorgan saying their bests interests weren't taken into account as the financial world first started to collapse in 2007 and, shockingly, that the bank actually profited $1.9 billion from the demise of London-based investment vehicle Sigma while the clients lost nearly $500 million in assets that JPMorgan didn't pull out. Oh the nerve of these not-as-rich-as-they-used-to-be people!
Young, Supple Syracuse Students to Protest Jamie Dimon's Commencement Speech By Stripping
Adrian Chen · 05/13/10 06:00PMThis Anonymous Email Will Probably Start the Revolution
Hamilton Nolan · 04/29/10 03:23PMWhen Bravado Backfires: A Banker's Story
Jeff Neumann · 04/14/10 05:43AMJamie Dimon Will Have to Make Do
cityfile · 02/05/10 09:20AM"JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon, who led the second-biggest U.S. bank to a profit each quarter of the financial crisis, got a bonus package valued at $17 million for 2009 that didn't include any cash. The 53-year-old banker, who got a $27.8 million bonus for 2007 and only a $1 million salary for 2008, received restricted stock units and options and no cash bonus for last year, spokesman Joseph Evangelisti said. The valuation of his 2009 bonus was based on a JPMorgan regulatory filing today. "It's consistent with past pay practices and returns," said Alan Johnson, founder of New York-based Johnson Associates Inc. "You could argue that for him, personally, pay could have been higher, but this isn't the year for them to have done that." There's always next year! [BN]
A Bank of Emotion
Gabriel Snyder · 01/14/10 10:34AMLloyd Blankfein Finally Explains the Financial Collapse in Layman's Terms: We Forgot About the Money
John Cook · 01/13/10 02:38PMLloyd Blankfein Is No Brad Pitt
cityfile · 11/23/09 02:51PMDimon to Washington?
cityfile · 11/23/09 08:37AMIs Jamie Dimon in line to replace Treasury Secretary Tim Geithner? That's that the Post suggests today, pointing to increased chatter in political circles that the JPMorgan Chase chief would make a "good fit," and Dimon's own efforts to build a higher profile in Washington in recent weeks. One thing that's for sure: 50 Cent is going to be crushed to hear this news today. [NYP]
JPMorgan Splits It Down the Middle
cityfile · 11/19/09 01:42PMGoldman Sachs decided against holding a holiday party this year. Condé Nast revealed yesterday that it plans to proceed with its annual fête, albeit at a slightly less expensive restaurant. Now JPMorgan has weighed in. The party is on this year, which is certainly nice to hear. Not as nice: It will take place in the company cafeteria. [Dealbreaker]
Lloyd Blankfein Has Some Catching Up to Do
cityfile · 11/11/09 01:13PMThe Good Times Roll for JPMorgan
cityfile · 11/10/09 09:38AMLooking for a job on Wall Street? Great news! Two weeks after JPMorgan revealed plans to hire an additional 1,000 brokers (a move that was quickly followed by the announcement that JPMorgan chief Jamie Dimon's dad was joining his son's firm) comes word that the bank is going on another hiring binge.
The Lord's Work Pays Nicely
cityfile · 11/09/09 10:38AMGoldman Sachs, Morgan Stanley, and JPMorgan Chase are all on track to pay record bonuses this year, as you've probably heard. "The firms—the three biggest banks to exit the Troubled Asset Relief Program—will hand out $29.7 billion in bonuses, according to analysts' estimates. That's up 60 percent from last year and more than the previous high of $26.8 billion in 2007." But as Goldman chief Lloyd Blankfein explained to the London Times over the weekend, they're doing "God's work," and you can't put a price on that, can you? [Bloomberg]