Bloomberg News
Finance reporter for Bloomberg News
PROFILE
Dawn Kopecki
Guest
FROM Dawn Kopecki
Which Way, L.A.?
JP Morgan's Long Shadow: Big Banks and Presidential Politics JP Morgan Chase survived the financial crisis with its reputation in tact as the best managed bank on Wall Street. CEO Jamie Dimon has been a voice against increased regulation. Now the loss of $2 billion on risky trading has tarnished the bank and raised questions about Dimon himself.
To the Point
Big Banks and Presidential Politics During the financial crisis, JP Morgan Chase got almost $400 billion in taxpayer loans to protect it from failure. It survived the financial crisis with its reputation in tact as the best managed bank on Wall Street. CEO Jamie Dimon has been a voice against increased regulation.
Which Way, L.A.?
US Files Mortgage Lawsuits against BofA, 16 Other Banks Late Friday, the Federal Housing Finance Agency sued 17 of the nation's biggest banks , including Bank of America, Citigroup and Goldman Sachs, are banks that received TARP bailouts during the Bush and Obama Administrations. Ironically, the suit itself could mean more bailout money for the same institutions.
To the Point
US Files Mortgage Lawsuits against BofA, 16 Other Banks Late Friday, the Federal Housing Finance Agency sued 17 of the nation's biggest banks , including Bank of America, Citigroup and Goldman Sachs, are banks that received TARP bailouts during the Bush and Obama Administrations. Ironically, the suit itself could mean more bailout money for the same institutions.
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