| Feb 12, 2014
Re "Errors could hurt college bound," Feb. 10
Such a simple word as "errors" diminishes the severity of purposely concealing grave misconduct by college applicants. The 11 Orange County students recently expelled from their high school over the cheating...
| Feb 10, 2014
| 11:28 AM
WASHINGTON -- A public interest group on Monday sued the Justice Department over last year’s record $13-billion settlement with JPMorgan Chase & Co., arguing the deal to resolve investigations into faulty mortgage investments was unconstitutional...
| Jan 22, 2014
| 4:57 PM
Never let it be said that Pope Francis doesn't know how to bring the battle to the battleground. In an address to the CEOs and assorted financial hangers-on gathered this week in Davos, Switzerland, for the annual World Economic Forum, he admonished...
| Jan 24, 2014
| 12:52 PM
Call it a tale of two sides of the capitalist system: JPMorgan Chase & Co.’s Jamie Dimon got $20 million for being CEO in 2013; each Oakland Raiderette got $1,250 for kicking up her heels in the same year.
The Raiderettes are suing; presumably,...
| Jan 24, 2014
| 4:36 PM
JPMorgan Chase & Co. gave Chief Executive Jamie Dimon a 74% raise to $20 million last year, bringing his pay closer to where it stood before the board faulted his oversight of botched derivatives bets.
Dimon, who also serves as chairman, received $18....
| Jan 20, 2014
| 9:24 AM
Talking up your opponent's skills is a tactic that permeates sports, politics and business. The idea is to lower expectations of your own success so your subsequent victory looks even more spectacular and defeat (if it comes) less demoralizing. There's no...
| Jan 20, 2014
| 11:34 AM
Let’s give New Jersey Gov. Chris Christie the benefit of the doubt for a minute.
Let’s say he was blindsided by his very close staff and truly knew nothing about the politically contrived four-day traffic jam that has marred his reputation,...
| Jan 19, 2014
Los Angeles City Councilman Gil Cedillo wants to punish JPMorgan Chase for its various financial misdeeds, possibly by cutting off business with the banking giant. But as city leaders learned a few years ago when
Occupy L.A. pushed for a similar...
| Jan 18, 2014
| 7:00 AM
Most of the risky mortgages that triggered the financial crisis have disappeared from the marketplace, and lenders will have even more reason to avoid them because of a new federal crackdown on loose lending.
But one housing-bubble favorite —...
| Nov 19, 2013
| 12:36 PM
NEW YORK -- JPMorgan Chase & Co.'s historic $13-billion settlement with the federal government will pay down a major chunk of the bank's ballooning legal tab.
The Justice Department on Tuesday announced the widely expected settlement of faulty...
| Jan 10, 2014
| 2:54 PM
Few of the nontraditional home loans that triggered the financial crisis are still available, and lenders will have even more reason to avoid them now that the Consumer Financial Protection Bureau’s definition of presumably safe and sound...