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. Should JP Morgan-Chase and others be reigned in before taxpayers get left on the hook? We hear from Elizabeth Warren , who chaired the Congressional Oversight Panel that oversaw TARP and is now a Democratic candidate for the US Senate in Massachusetts, and from Romney campaign advisor Vin Weber.
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. Now the loss of $2 billion on risky trading has tarnished the bank and raised questions about Dimon himself. Can JP Morgan Chase and other banks be trusted to use better judgment or is it time for stepped-up regulation? Democrats and Republicans disagree. We talk with financial expert and Democratic US Senate candidate Elizabeth Warren and Vin Weber with the Romney for President campaign.
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. Dawn Kopecki is finance reporter for Bloomberg News .
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. Dawn Kopecki is finance reporter for Bloomberg News .
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To the Point
Terrorism and tweets, hate speech and murder Just days before an election, Britain is coping with a rash of deadly terrorism, and Prime Minister Theresa May is on the defensive. And again today, President Trump has tweeted criticism of the Mayor of London. Later, a double murder in Portland, Oregon has revealed the ugly past of a supposedly “progressive” city. One immediate question: is “hate speech” protected by the First Amendment?
To the Point
Replacing Obamacare: Now you see it… now you don’t As the Senate deliberates replacing Obmacare, health coverage for millions of people is at stake. There've been no public hearings, and a draft measure won't be made public. Is the House version so unpopular that that Senate is hiding a version that looks much the same?
Left, Right & Center
President Trump: US to withdraw from the Paris Climate Accord Trump says he was elected to serve Pittsburgh, not Paris.
To the Point
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.