Matt Taibbi on the laughable questioning of J.P. Morgan Chase CEO Jamie Dimon’s at a Senate hearing last Thursday: The senators could have used the hearing as an opportunity to grill Dimon in detail about the entire history of the Chief Investment Office, the unit of Chase that ...read more
By Ben Cohen: The news that JP Morgan Chase lost $2 billion this quarter due to what CEO Jamie Dimon called 'errors, sloppiness and bad judgment” should come as no surprise given the state of regulation on Wall St. While regulators are trying to ensure these 'sloppy' ...read more