Michael Santoli on the "Reputational Premium"
Michael Santoli looks at what the lasting effect of JPMorgan’s shocking disclosure will really be:
Welcome to the Jamie Dimon Network – Where's It's All Dimon, All the Time
in hindsight Jamie’s smartass remarks about the compensation ratio of journalists was probably not a great idea.
Dougie: Why I'm Buying JPM
“I took a small long position in JPMorgan Chase (JPM_) at $38.20 after the close of trading yesterday and after JPMorgan made its surprising announcement.”
Simon Johnson: The Fed Just Muppeted Us All
Simon Johnson has a different take on what we were fed last week.
My Real-Time JPMorgan Trade on Fast Money
Bonnie Baha: The Big Banks Look Like Legacy Airlines
“Like the legacy air carriers, the top banks in this country have yet to find a sustainable profit-making model in a changed world.”
Robosigning Credit Cards: The Next Major Bank Scandal?
“If sloppy record keeping and problems with false affidavits is a problem with mortgages, it’s 100 times bigger in credit card accounts,” says Michelle Weinberg of the Legal Assistance Foundation of Metropolitan Chicago.
Break 'Em Up Now, We've Seen Enough
Fresh outrage this evening as Bob Ivry, Bradley Keoun and Phil Kuntz (tough name) break an incredible story about the secrets of the 2008 bailouts. Banks fought to keep these details a secret, but Bloomberg Markets Magazine successfully sued for the truth. Here goes: The Federal Reserve and the big banks fought for more than…
FHFA Suit: Who's on the Hook for How Much?
If by some fluke this went to court and the these banks were forced to pay it, they’d all fail – one after another like dominoes.