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A collection of news and information related to Business Institutions published by this site and its partners.

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    May 22, 2012 |Story| Los Angeles Times

  1. When bankers become bettors

    Addiction counselors tell their clients, "We can't help you until you admit you have a problem." It's time for American financial institutions to admit they have a gambling problem.
    Addiction counselors tell their clients, "We can't help you until you admit you have a problem." It's time for American financial institutions to admit they have a gambling problem. -------------------- FOR THE RECORD: Banks: In a May 22 Op-Ed about...

    Tags: Politics, Companies and Corporations, MF Global, Jamie Dimon, Financial and Business Services

    2. May 19, 2012 |Story| Los Angeles Times

  2. Europe's debt crisis joins governments and banks at the hip

    LONDON — The alarm over potential bank runs in Greece and Spain this week has highlighted an often-overlooked fact: Europe's debt crisis is also, in many ways, a major banking crisis.
    LONDON — The alarm over potential bank runs in Greece and Spain this week has highlighted an often-overlooked fact: Europe's debt crisis is also, in many ways, a major banking crisis. In capitals such as Athens, Madrid and Rome, large portions of...

    Tags: Rome (Italy), Central Bank, Politics, Madrid (Spain), Bonds

    3. May 11, 2012 |Story| Los Angeles Times

  3. Money Minute: JPMorgan needs more parental supervision [Video]

    Sarcasm alert: Now that JPMorgan Chase has reported a $2 billion loss on derivatives trading, I'm sure we can all agree it's a good thing the Republicans have fought greater oversight of these complex, high-risk investments.
    Sarcasm alert: Now that JPMorgan Chase has reported a $2 billion loss on derivatives trading, I'm sure we can all agree it's a good thing the Republicans have fought greater oversight of these complex, high-risk investments. JPMorgan says it lost the...

    Tags: Republican Party, Jamie Dimon, Barney Frank, Financial and Business Services

    4. May 11, 2012 |Story| Los Angeles Times

  4. JPMorgan Chase loss will be scrutinized, SEC's Mary Schapiro says

    WASHINGTON -- Regulators are looking into the $2-billion trading loss by JPMorgan Chase & Co., the head of the Securities and Exchange Commission said Friday as lawmakers and analysts said the bank's revelation would increase pressure for tighter financial rules.
    WASHINGTON -- Regulators are looking into the $2-billion trading loss by JPMorgan Chase & Co., the head of the Securities and Exchange Commission said Friday as lawmakers and analysts said the bank's revelation would increase pressure for tighter...

    Tags: Federal Reserve, Jamie Dimon, Barney Frank, Justice System, Financial and Business Services

    5. May 12, 2012 |Story| Los Angeles Times

  5. JPMorgan's $2-billion loss renews calls for tough financial rules

    WASHINGTON — The $2-billion trading loss at JPMorgan Chase & Co. rekindled fears about the stunning risks still being taken on Wall Street, reviving demands for tougher financial rules and calls for the nation's biggest banks to be broken up. U.S....

    Tags: Politics, Jeff Merkley, Companies and Corporations, Federal Reserve, Banking

    6. May 7, 2012 |Story| Los Angeles Times

  6. Freddie Mac, Fannie Mae borrowers could see principal reduction

    Thanks to a key policy change, troubled borrowers with loans that are owned or backed by Fannie Mae and Freddie Mac may be allowed to participate in a state program that slashes the size of those home loans through principal reduction, according to a statement by their regulator. 
    Thanks to a key policy change, troubled borrowers with loans that are owned or backed by Fannie Mae and Freddie Mac may be allowed to participate in a state program that slashes the size of those home loans through principal reduction, according to a...

    Tags: Education, Finance, Freddie Mac, Mortgages, Fannie Mae

    7. May 8, 2012 |Story| Los Angeles Times

  7. Fannie, Freddie are set to reduce mortgage balances in California

    As California pushes to get more homeowners into a $2-billion foreclosure prevention program, some Fannie Mae and Freddie Mac borrowers may see their mortgages shrunk through principal reduction.
    As California pushes to get more homeowners into a $2-billion foreclosure prevention program, some Fannie Mae and Freddie Mac borrowers may see their mortgages shrunk through principal reduction. State officials are making a significant change to the...

    Tags: Services and Shopping, Freddie Mac, Richard Green, Financial and Business Services, Bank of America Corp.

    8. Apr 27, 2012 |Story| Los Angeles Times

  8. Lehman Bros. pay report brings calls for reform

    Calls for reforming Wall Street pay packages reverberated across Washington and the financial district following the disclosure that 50 Lehman Bros. employees were awarded nearly $700 million in the year before the investment bank collapsed.
    Calls for reforming Wall Street pay packages reverberated across Washington and the financial district following the disclosure that 50 Lehman Bros. employees were awarded nearly $700 million in the year before the investment bank collapsed. Lawmakers...

    Tags: Financially Distressed Companies, Financial Markets, Politics, Companies and Corporations, Investment Service

    9. May 4, 2012 |Story| Los Angeles Times

  9. Islanders move love and money to their own credit union

    VASHON ISLAND, Wash. — It would be hard to imagine a place further removed from the brash intensity of Occupy Wall Street. This secluded island of fir forests and rolling lavender fields — home to 23 organic farms, a tofu factory and a monastery that markets its own gourmet coffee — has always been a counterculture retreat for those who bike to the sound of different drummers.
    VASHON ISLAND, Wash. — It would be hard to imagine a place further removed from the brash intensity of Occupy Wall Street. This secluded island of fir forests and rolling lavender fields — home to 23 organic farms, a tofu factory and a...

    Tags: Companies and Corporations, Renewable Energy, Environmental Issues, Financial and Business Services, Occupy Wall Street

    10. Apr 17, 2012 | Los Angeles Times

  10. Africa calls for World Bank reform after Nigerian denied top post

    World Now
    Africans call for World Bank reform after Africa's candidate for World Bank president is passed over: African financial leaders called for the reform of the World Bank and its process for selecting its leader, dominated for six decades by the US, after...
    11. Mar 6, 2012 |Story| Los Angeles Times

  11. At India bank, sex workers earn a little interest and self-esteem

    Sima enters the small storefront in Kamathipura, Mumbai's red-light district, and hands over some money she had hidden in her bra, then adjusts her fake Prada T-shirt. It was a national holiday the day before and business was good, so she's deposited two days of earnings, about $66.
    Sima enters the small storefront in Kamathipura, Mumbai's red-light district, and hands over some money she had hidden in her bra, then adjusts her fake Prada T-shirt. It was a national holiday the day before and business was good, so she's deposited...

    Tags: Sex Crimes, Hospitals and Clinics, India, Prada, Mumbai (India)

    12. Apr 13, 2012 |Story| Los Angeles Times

  12. Romney, Obama and God: Who sees America as more divine?

    This year’s presidential campaign has had its share of arguments over issues long thought settled — contraception, for one. But another wrangle between Republicans and President Obama dates far earlier than that 1960s throwback and centers on the very origins of the nation.
    This year’s presidential campaign has had its share of arguments over issues long thought settled — contraception, for one. But another wrangle between Republicans and President Obama dates far earlier than that 1960s throwback and centers...

    Tags: Republican Party, Franklin Delano Roosevelt, Politics, Belief and Faith, Parties and Movements

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