| Sep 13, 2013
| 11:23 PM
There are two ways to think about how far we've come in protecting against a repeat of the financial meltdown five years ago that plunged the world into recession.
You can conclude that we've pretty much eradicated the risk of another such crisis. That'...
| Sep 10, 2013
| 6:12 PM
NEW YORK — The stock market's all-star team has some new players.
Leaving the Dow Jones industrial average is aluminum giant Alcoa Inc., computer-maker Hewlett-Packard Co. and financial behemoth Bank of America Corp. Joining the index of 30 blue-...
| Oct 2, 2013
| 4:26 PM
WASHINGTON — To Wall Street, the partial government shutdown is another unfortunate economic speed bump caused by partisan political fighting.
Failure to raise the debt limit, triggering a first-ever federal default, would be a brick wall on the...
| Oct 7, 2013
| 4:43 PM
A deal is a deal. Or it should be.
For years, Chase bank offered a Payment Protector plan. For an extra monthly fee — typically a bit less than 1% of the card balance — credit cardholders could insure themselves against job loss, illness...
| Oct 17, 2013
| 7:53 AM
The other day we examined a claim by the New York Times that Jamie Dimon, the chairman and chief executive of the serial lawbreaking bank company JPMorgan Chase, was supported in his job by "the people who matter" -- defined as "investors, analysts, board...
| Oct 11, 2013
| 9:14 AM
The toll of JPMorgan Chase's relentless lawbreaking under Chairman and CEO Jamie Dimon may finally be getting real for shareholders.
According to the bank's third-quarter financial results, released Friday morning, its litigation expenses of more than...
| Oct 15, 2013
| 1:43 PM
Who are the "people who matter"? According to Andrew Ross Sorkin of the New York Times, "investors, analysts, board members and, yes, even regulators," none of whom, he says, wants Jamie Dimon fired as chairman and CEO of JPMorgan Chase.
Is there a...
| Oct 2, 2013
| 6:09 PM
Wells Fargo & Co. subjects borrowers seeking mortgage modifications to "Kafkaesque delays and obstructions," in violation of last year's $25-billion national mortgage settlement, New York Atty. Gen Eric Schneiderman said in a federal lawsuit.
| Oct 21, 2013
| 4:32 PM
JPMorgan Chase, one of our nation's ethically-challenged financial institutions, is facing another big fine. That means that once again you'll be hearing the right wing's go-to defense of the bank: President Obama's out to get JPMorgan Chairman Jamie...
| Oct 1, 2013
| 6:00 AM
The big banks got Uncle Sam off their backs fairly quickly. It's taken a bit longer for smaller institutions, including Cathay General Bancorp in L.A.'s Chinatown.
After nearly five years, Cathay General has retired its debt to taxpayers for the capital...
| Oct 2, 2013
| 10:17 AM
New York Atty. Gen. Eric Schneiderman has lowered the boom on Wells Fargo for what he says are serial violations of the huge foreclosure abuse settlement that Wells and four other big banks reached with federal and state regulators last year....