Senators put federal regulators, not JPMorgan, on the hot seat
JPMorgan Chase has spent upward of $20 million on lobbying and campaign contributions in the past three years. On Tuesday, the bank received a healthy dividend on that investment. Its chairman, Jamie Dimon, has admitted that the firm was “sloppy” and “stupid” in making trading bets that lost $2 billion. But Republicans on the Senate Banking Committee wouldn’t hear of it; they preferred to blame ...
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Reinstating an Old Rule Is Not a Cure for Crisis
If the Glass-Steagall Act had still been in effect in 2008, it probably would not have prevented the financial crisis.
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Media briefs: Oz glass houses … Great Gatsby goof … front-page love …
Great Gatsby goof-up: billboard-sized Baz booboo ... US man takes out front page ad about himself. ... Front Page of the Day ... News of the World's 'fake sheikh' had Tom Watson followed, emails show ... Read more on the blog... Read more on the blog...
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Ronald Reagan's blood auction sparks outrage
Washington, May 22 (ANI): Ronald Reagan's foundation is objecting to a British company's auction of what it says is a vial of the late President's blood taken at the hospital where he was treated after the 1981 assassination attempt.
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New Energy Appoints Proven Executive to Introduce Company’s Novel Electricity-Generating Technologies to Industry
New Energy Technologies, Inc. , a developer of SolarWindow™, capable of generating electricity on see-through glass, today announced plans to introduce the Company’s novel electricity-generating technologies to commercial interests and industry participants with the appointment of its Vice President of Business & Technology Development, Mr.
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