Blog Archives

The 6 Biggest Busted Bets of 2012

Filed under: People, Features, Money and PoliticsGallery: The Six Biggest Surprises of 2012

Bruce Watson is a senior features writer for DailyFinance. You can reach him by e-mail at bruce.watson@teamaol.com, or follow him on Twitter at @bruce1971.The…

Posted in Executive Prospectus, Financial Prospectus, Wall Street Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Bankers Agree: ‘Too Big to Fail’ Has Failed

Filed under: Banking
Maybe if we called it “2B2F,” it would have been more popular. But lacking the street cred of a cool nickname, the idea “too big to fail” is beginning to lose popularity in America.

Just a few days ago, former Citigroup (C) CEO Sa…

Posted in Executive Prospectus, Financial Prospectus, Wall Street Tagged with: , , , , , , , , , , , , , , ,

More JPMorgan Shakeups in Wake of London Whale Trading Debacle

Filed under: JP Morgan Chase, Citigroup, Stocks in the News, Banking

The post-“London Whale” housecleaning at JPMorgan Chase (JPM) isn’t over yet.

On Thursday, the country’s biggest bank by assets announced sweeping changes in both its top-level m…

Posted in Executive Prospectus, Financial Prospectus Tagged with: , , , , , , , , , , , , , , ,

JPMorgan’s ‘London Whale’ Trading Loss May Be as High as $9 Billion

Filed under: Investing, JP Morgan Chase, Stocks in the News, Market NewsNew York — JPMorgan Chase & Co (JPM) is under renewed scrutiny in the wake of a The New York Times report that losses from a bungled credit-derivatives trade could be as much …

Posted in Executive Prospectus, Financial Prospectus Tagged with: , , , , , , , , , , , , , , , , ,

Jamie Dimon Quickly Filets the London Whale’s Costly Trades

Filed under: Investing, JP Morgan Chase, Market NewsAfter all the media, regulatory, and congressional commotion surrounding JPMorgan Chase’s (JPM) $2 billion-plus loss on a massive derivatives bet made in its London office, it now looks like CEO Jamie…

Posted in Executive Prospectus, Financial Prospectus Tagged with: , , , , , , , , , , , , , , , , ,