In a previous article, we discussed the problem with banks guaranteeing fixed deposits while actually investing the money into speculative, long-term ventures, and how such an arrangement naturally… 998 more words
Tags » Too Big To Fail
Five of the world’s top banks have pleaded guilty to manipulating the prices of world currencies and interest rates, the most serious financial crime one can possibly commit. 353 more words
If J.P. Morgan’s board can’t stand the fire, they should get out of the kitchen.
On May 19, in Detroit, J.P. Morgan CEO Jamie Dimon and members of his longstanding board-level entourage will meet with shareholders. 818 more words