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Pakistani doctor caught between counterterrorism and treason
World NowThe treason conviction and 33-year prison sentence given the Pakistani doctor who helped the CIA locate Osama bin Laden last year has outraged U.S. leaders who see Shakeel Afridi as a hero in their campaign against terrorism. A Senate panel voted to slash... -
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. -------------------- FOR THE RECORD: Banks: In a May 22 Op-Ed about...
Tags: Christopher Dodd, Politics, Citigroup Incorporated, Companies and Corporations, Belmont Stakes
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JPMorgan CEO may lose chairman post amid trading loss fallout
NEW YORK — Jamie Dimon faces his toughest personal challenge yet in the aftermath of the bank's $2-billion trading loss — JPMorgan Chase & Co. shareholders might strip the charismatic chief executive of his post as board chairman.
With the...Tags: Companies and Corporations, Tim Johnson, Central Bank, Banking, U.S. Consumer Financial Protection Bureau
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Don't trust JPMorgan chief's spin machine
In a rational world, a corporate chairman who presided over a huge unexpected loss would be raked over the coals at his next shareholder meeting and his job would be up for grabs.
It's not likely that will happen to JPMorgan Chase Chairman and Chief...Tags: Los Angeles Times Columnists, Companies and Corporations, Measles, JPMorgan Chase & Co., Shareholders
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Volcker Rule authors say JPMorgan loss highlights loophole
WASHINGTON -- The senators behind the Volcker Rule warned Friday that regulators implementing it have proposed a loophole that would have allowed JPMorgan Chase & Co.'s $2-billion trading loss. "That loophole should be closed," said Sen. Carl Levin (D-...
Tags: Jamie Dimon, Lobbying, Politics, JPMorgan Chase & Co., Jeff Merkley
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JPMorgan Chase discloses $2-billion trading loss
Barely four years after Wall Street's wrong-way bets plunged the world into a financial crisis, JPMorgan Chase & Co. admitted it lost $2 billion from a trading portfolio that was supposed to have helped the bank manage credit risk. "These were...
Tags: Jamie Dimon, Citigroup Incorporated, Quarterly or Semiannual Financial Statements, JPMorgan Chase & Co., Finance
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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, Warren Buffett, Companies and Corporations, JPMorgan Chase & Co., Barney Frank
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JPMorgan CEO says $2-billion trading loss not 'life threatening'
WASHINGTON — JPMorgan Chase CEO Jamie Dimon acknowledged Sunday that his company's $2-billion trading loss could empower government regulators seeking to place tighter controls on risky trades by large banks. "This is a very unfortunate and...Tags: Jamie Dimon, Politics, Companies and Corporations, Parties and Movements, Democratic Party
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3 high execs at JPMorgan expected to resign
NEW YORK -- Three high-ranking executives at JPMorgan Chase are expected to leave their jobs this week after a trading blunder cost the bank $2 billion, the Wall Street Journal reported Sunday. The Journal, citing people familiar with the situation,...
Tags: Jamie Dimon, This Week (tv program), Barney Frank, The Associated Press, JPMorgan Chase & Co.
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What Jamie Dimon didn't tell you on 'Meet the Press'
Without even waiting a decent interval for mourning, JPMorgan Chase Chairman Jamie Dimon launched his defense campaign over the disclosure that he presided over a $2-billion trading loss in derivatives within days of the disclosure itself, choosing the...
Tags: Debt Market, Jamie Dimon, Companies and Corporations, JPMorgan Chase & Co., Finance
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JPMorgan execs tied to big trading loss are expected to leave bank
The first heads are expected to roll as early as this week at JPMorgan Chase & Co., after the disclosure of a $2-billion trading loss that has rekindled fears about excessive risk taking on Wall Street. Three employees involved in the unit at fault for...
Tags: Jamie Dimon, Politics, Companies and Corporations, Democratic Party, Parties and Movements
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JPMorgan exec Ina Drew becomes first casualty of bad trade
The chief investment officer at JPMorgan Chase, one of the highest-ranking women on Wall Street, will retire, the company said Monday. She becomes the first casualty of the bank's $2 billion trading blunder.
The bank said Ina Drew, 55, would retire after...Tags: Jamie Dimon, Companies and Corporations, This Week (tv program), Barney Frank, JPMorgan Chase & Co.
May 27, 2012
| Los Angeles Times
May 22, 2012
|Story| Los Angeles Times
May 14, 2012
|Story| Los Angeles Times
May 15, 2012
|Column| Los Angeles Times
May 11, 2012
|Story| Los Angeles Times
May 10, 2012
|Story| Los Angeles Times
May 12, 2012
|Story| Los Angeles Times
May 13, 2012
|Story| Los Angeles Times
May 13, 2012
|Story| AP Member Choice Complete
May 14, 2012
|Story| Los Angeles Times
May 13, 2012
|Story| Los Angeles Times
May 14, 2012
|Story| Los Angeles Times
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