jpmorgan-chase

The Worst Moments of the Panic of '08

Owen Thomas · 12/31/08 11:10AM

Everyone wants a neat explanation of the panic that destroyed the economy and put the government in charge of Wall Street. Good luck with that! Here's a look back on the year money forgot.

Visa drops $18 billion IPO, the largest ever

Jordan Golson · 03/19/08 03:00PM

Shares of San Francisco-based Visa jumped more than 30 percent today in the largest initial public offering in U.S. history. Visa issued 406 million shares at $44 each to raise almost $18 billion. More than half of the IPO take is going to its shareholder banks, which include Citigroup, Bank of America and JPMorgan Chase. Convenient: While the IPO has long been planned, the cash will come in handy right now. (Photo by AP/Richard Drew)

12 things that cost more than Bear Stearns

Jordan Golson · 03/18/08 05:40PM

Late Sunday night, JP Morgan Chase agreed to buy cash-strapped investment bank Bear Stearns for $2 a share, or $236 million. Last week, the company was valued at more than $14 billion. This is one of the swiftest corporate falls in history. But just how bad was it? Here's a list of things that cost more than the century-old Bear Stearns.

'Times' Shocked By Fratty I-Banker's Take On Skirts!

Maggie · 10/08/07 03:40PM

Despite having written about it a couple of weeks ago, we continue to receive emails about that self-described "articulate and classy" young woman who put her neck out there on Craigslist, flung caution and etiquette to the wind and flat-out asked if anyone could help her nab a guy with a salary of at least a half-million a year. Okay, so Jane Austen might have been just slightly more subtle, but this (alleged!) lady's tactics have captured the interest of many, including the New York Times, which today ran a piece about the idiot i-banker whose pissy response to our little gold digger included his JPMorgan Chase signature.