Tag Archives: Jamie Dimon

Banker Lies and Misrepresentation — The Present and Lessons From the Past

By RayLearsy | Published August 15, 2013

As featured on The Huffington Post: Yesterday U.S. prosecutors accused two low-level JPMorgan executives with criminal charges of wire fraud and falsifying regulatory filings of risky and complex credit derivatives that led to the bank’s massive loses in the ‘London Whale’ scandal. JPMorgan, as do all banks, had the obligation to honestly report its assets…
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Also tagged Bank Of The United States, Business News, Financial Crisis, Jpmorgan, London Whale, politics, Preet Bharara U.S. Attorney Southern District Of New York, President Andrew Jackson | Tagged Bank Of The United States, Business News, Financial Crisis, Jamie Dimon, Jpmorgan, London Whale, politics, Preet Bharara U.S. Attorney Southern District Of New York, President Andrew Jackson | Leave a comment

JPMorgan Exits Physical Commodity Trading

By RayLearsy | Published July 29, 2013

As featured on The Huffington Post: Quite dramatically, being the biggest bull in the China shop, JPMorgan Chase made the striking announcement this past week that it would quit trading in physical commodities. This in a week during which a Senate panel held hearings on whether banks such as Goldman Sachs and JPMorgan are manipulating commodity/material…
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Also tagged Bart Chilton, Business News, Gas & Oil, Glencore, Goldmansachs, Huffingtonpost, Jpmorgan, Jpmorgan Commodities, JPMorgan Commodities Trading, JPMorgan Physical Commodity, London Metal Exchange, Motiva-Oil-Refinery, Proprietary Trading, Saudi, Sen. Sherwood Brown, Senate Banking Subcommittee Ferc, The Fed, Vitol, Volcker Rule, WTI | Tagged Bart Chilton, Business News, Gas & Oil, Glencore, Goldmansachs, Huffingtonpost, Jamie Dimon, Jpmorgan, Jpmorgan Commodities, JPMorgan Commodities Trading, JPMorgan Physical Commodity, London Metal Exchange, Motiva-Oil-Refinery, Proprietary Trading, Saudi, Sen. Sherwood Brown, Senate Banking Subcommittee Ferc, The Fed, Vitol, Volcker Rule, WTI | Leave a comment

JP Morgan Accused of Rigging Energy Markets. A Feather Duster Anyone?

By RayLearsy | Published July 18, 2013

As featured on The Huffington Post: There they go again. First there was Enron rigging energy markets. Now the sights are set on JP Morgan Chase, where the Wall Street Journal reported on Wednesday, “JP Morgan, Energy Regulator Near Record Settlement.” Record settlement, really? The number bandied about is $1 billion, or one sixth of the…
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Also tagged Barack Obama, Blythe Masters, Business News, energy, Energy Markets, Enron, Federal Energy Regulatory Commission, Gas & Oil, JPMorgan Chase, Oil Gas, RBS Sempra, The Fed, Volcker Rule | Tagged Barack Obama, Blythe Masters, Business News, energy, Energy Markets, Enron, Federal Energy Regulatory Commission, Gas & Oil, Jamie Dimon, JPMorgan Chase, Oil Gas, RBS Sempra, The Fed, Volcker Rule | Leave a comment