JP Morgan

Now We Know: JPMorgan Chase is Worse Than Enron

Now We Know: JPMorgan Chase is Worse Than Enron
It’s beginning to look as if JPMorgan Chase has had a hand in every major banking scandal of the last decade. In fact, it’s the Zelig of Wall Street crime. Take a snapshot of any major bank fraud and chances are you’ll see JPMorgan Chase staring out at you from the frame.
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JP Morgan Posts Loss. Their Largest Expense: Legal Costs

JP Morgan Posts Loss. Their Largest Expense: Legal Costs
JP Morgan, fresh of a round of fines caused by head Jamie Dimon's mismanagement, reported a loss for the quarter. Most troubling is that their largest expenses were their legal fees.
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American FAILout: Pulitzer Winner Laments the Fact That Banks Are Still Too Big

American FAILout: Pulitzer Winner Laments the Fact That Banks Are Still Too Big
Pulitzer-Prize-winning New York Times columnist Gretchen Morgenson tells Bill Moyers that, five years after the country's economic near-collapse, banks are still too big to fail, too big to manage, and too big to trust. Watch the video above and stare slack jawed at the audacity of these mega-companies that Morgenson points out below.
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