JPMorgan

More calls for tougher regs on big banks

JPMorphing.  NYT editorial:  “JPMorgan Chase’s whopping multibillion-dollar trading loss has revived calls for a tougher version of the Volcker Rule, but Jamie Dimon isn’t dropping his campaign against regulation.” Banking needs more than the Volcker rule, it needs more Volckers, argues W. Post’s Harold Meyerson: “Rumpled and unglamorous, Volcker personified banking before big money gave […]

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The Federsal Reserve bows to big banks today, China tomorrow

Yesterday’s JPMorgan shareholders meeting was “pretty tense”, according to Lisa Lindsley who attended the meeting in Tampa.  Lindsley is the director of capital strategies at the American Federation of State, County and Municipal Employees pension plan.  In a radio interview with me yesterday Lindsley said that it was obvious that the JPMorgan people clearly wanted

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