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Jpmorgan chase News

Target CEO: Banks need to issue chip-based credit cards in U.S.

With the FBI now warning all retailers on similar breach possibilities, Target CEO Gregg Steinhafel is refocusing attention on the need for chip-based credit card technology adoption in the United States.
In the Media by Michael Krebs

JPMorgan opens Twitter Q&A; gets 7 hours of vicious tweets

New York - Officials at JPMorgan Chase cancelled a proposed Twitter Q&A last Wednesday after receiving nearly 6,000 angry tweets in less than seven hours.
In the Media by Kelly Fetty

Banks hoarded aluminum to hike prices, critics charge

Washington - The U.S. Commodities Futures Trading Commission (CFTC) has subpoenaed both Goldman Sachs Group Inc. and JPMorgan Chase & Co. as it investigates allegations of price-fixing in the aluminum market.
In the Media by Kelly Fetty - 1 comment

Op-Ed: Too damn cute — JPMorgan case hits some raw nerves

New York - You may not have been sitting on the edge of your chair while the recent drama at JPMorgan Chase played out, but you should have been. The bank has found itself fighting a derivatives culture which has been sabotaging global economies for years.
In the Media by Paul Wallis - 2 comments

Op-Ed: Are We Witnessing The End Days Of Supply Side Economics?

Embracing a new economic theory, after it gains a foothold in the public consciousness, only occurs when a sustained undesired economic result from the previously employed thesis metastasize into a full crisis for the political class.
In the Media by Marvin Clark - 1 comment

Op-Ed: JP Morgan’s $2 Billion Misfortune

Is it possible that the bankruptcy of MF Global last October 31, 2011, the seventh largest bankruptcy in U.S. history, is this financial crisis cycle’s Bear Stearns – if a full blown crisis does occur?
In the Media by Marvin Clark

JPMorgan sued for $95 million

JPMorgan Chase & CO has been hit with a lawsuit. The company is being sued for a staggering $95 million for allegedly misrepresenting the underlying mortgage loans.
In the Media by Owen Weldon

JPMorgan Chase reports 47% increase in 4Q profit

New York - As Americans continue to deal with record home foreclosures and record unemployment, JPMorgan Chase announced on Friday its 2010 4th quarter net income jumped 47 percent from the same period in the prior year.
In the Media by Lynn Herrmann - 1 comment

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