
After a senior manager at JPMorgan Chase & Co. leaked a rumor to the press, investors are asking, "Will Jamie Dimon run for president?"
By Casey Wilson, Associate Editor, Money Morning -
After a senior manager at JPMorgan Chase & Co. leaked a rumor to the press, investors are asking, "Will Jamie Dimon run for president?"
Here's what we know - plus a look at what a Dimon presidency could be like...
By Casey Wilson, Associate Editor, Money Morning -
After a senior manager at JPMorgan Chase & Co. leaked a rumor to the press, investors are asking, "Will Jamie Dimon run for president?"
Here's what we know - plus a look at what a Dimon presidency could be like...
By Casey Wilson, Associate Editor, Money Morning -
In an interview last week, JPMorgan CEO Jamie Dimon claimed that America's infrastructure system is "bureaucratic, stifling, and corrupt."
But that's not all.
Here's what else he had to say...
By Cameron Saucier, Associate Editor, Money Morning -
Here are five interesting qualities about the JPMorgan Chase CEO you probably didn't know...
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW -
In case you missed the kerfuffle last Friday, Blythe Masters, the 44 year-old, super-smart head of JPMorgan Chase's commodities trading business, declined to sit on the U.S. Commodity Futures Trading Commission's (CFTC's) Global Markets Committee advisory board.
This came as a big surprise.
To continue reading, please click here...
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW -
Let's address two tragedies today.
The first is how Jamie Dimon & Co. and all the guilty big banks get away with murder.
The second is something I want to share with you because 50 years ago today, President John Fitzgerald Kennedy was assassinated. It isn't a conspiracy theory about who did it, but a likely theory about what happened and the conspiracy to cover that up.
To continue reading, please click here...
By Garrett Baldwin, Executive Producer, Money Morning -
Many in the financial world seem to think that the $13 billion fine the government slapped on JPMorgan was excessive. But this was no first offense. JPMorgan, like other Too Big To Fail Banks, has a long and sordid track record of misdeeds.
By Guest Editorial, Money Morning -
JPMorgan CEO Jamie Dimon created a stir across the globe Thursday when he told a forum in China markets will remain volatile because of extraordinarily low interest rates.
Speaking at the Fortune Global Forum in Chengdu, China, Dimon said, "It's a different world when central banks are managing interest rates.... Until it gets back to normal, it's going to be scary and volatile."
Stuart Varney, the host of FOX Business' "Varney & Co.," asked Money Morning Chief Investment Strategist Keith Fitz-Gerald and Wall Street analyst Meredith Whitney for their take on Dimon's comments.
Is Dimon right? Check out what Fitz-Gerald and Whitney had to say in the accompanying video.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
Wall Street's Big Banks are hardly known for their good deeds, but JPMorgan Chase (NYSE: JPM) may be the worst of the lot.
For a bank that used to be considered a model citizen among Wall Street institutions, the reversal of reputation has been stunning.
According to The New York Times, at least eight federal agencies are currently investigating JPM. And JPMorgan has more regulatory sanctions against it than any other major U.S. bank.
The damage to JPMorgan's reputation has gotten so bad that it has started to negatively affect the nation's largest bank by assets.
Increased regulatory scrutiny brought on by the scandals has slowed or halted about 60 new projects in JPMorgan's consumer unit, for example. The turmoil also has touched off a series of high-profile departures from the bank.
To continue reading, please click here…
By kdowdle, Money Morning -
Among others, Mark Zuckerberg of Facebook Inc. (Nasdaq: FB), Brian Dunn of Best Buy Co. Inc. (NYSE: BBY) and Andrew Mason of Groupon Inc. (Nasdaq: GRPN) all had a rough year.
Money Morning's experts picked through the list of disappointing names and came up with the five worst CEOs of 2012.
Here are the finalists, along with our experts' reasons why these weak performers should be given the axe in 2013:
Bernanke is the CEO of the biggest private institution on the planet, the Fed.
Despite overwhelming evidence that the theories and methods he is using have not worked, are not working and have never worked since the dawn of recorded history, he continues to plow ahead with more of the same failed monetary and fiscal policy that got us into this mess.
In the process, he risks unspeakable damage to the United States and to the global financial system while only kicking the proverbial can down the road.
To continue reading, please click here...
By Diane Alter, Contributing Writer, Money Morning -
To continue reading, please click here...
By Martin Hutchinson, Global Investing Specialist, Money Morning -
To continue reading, please click here...