Et tu, Jamie Dimon? The embarrassing announcement of a large trading loss at J. P. Morgan has brought the issue of bank regulation back to the fore.J. P. Morgan’s announcement was particularly shocking because Morgan was... more ››
The reports are startlingly familiar. Late Thursday, JPMorgan CEO Jamie Dimon announced a surprise $2 billion trading loss and stocks swooned. Dimon insisted, though, that there was no need for a Volcker Rule that would ban big... more ››
Anyone who thought that Washington had cured the fiscal ills of the 2008 financial meltdown must be wondering what the hullabaloo about the JPMorgan Chase financial-deal-gone-wrong is all about.After all, the 2,300-page... more ››