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>> JAMIE DIMON Latest News

JUL 25, 2015 - Zero Hedge

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Presenting The Most Ridiculous Things Ever Bought By Billionaires

Despite the protestations of an indignant Ben Bernanke, seven years of global QE have not only failed to ignite the illusory "trickle down" wealth effect but have in fact served to widen the gap between the rich and the poor the world over. The explanation for this phenomenon is simple: when you deliberately inflate the value of the assets most ...

Tags: Presenting The Most Ridiculous Things Ever Bought By Billionaires,  Jamie Dimon Latest News

JUL 23, 2015 - Business Insider

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BofA CFO's exit tied to desire for top job: sources

By Dan FreedNEW YORK (Reuters) - The surprise departure of Bruce Thompson as finance chief of Bank of America Corp reflected his desire to lead a company, an outcome that seemed unlikely to happen soon if he stayed, two sources familiar with the matter told Reuters.The bank announced late Wednesday that Thompson, 51, was stepping down after more than five-and-a-half ...

Tags: BofA CFO's exit tied to desire for top job: sources,  Jamie Dimon Latest News

JUL 22, 2015 - Zero Hedge

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"It's Laughable Really": Why No One, Especially Not Jamie Dimon, Will Be Held Accountable For London Whale

A few weeks back, Bruno Iksil, the man whose name shall live in CDX trading infamy and whose nicknames will forever haunt the desks at JP Morgan’s taxpayer-sponsored, London-based hedge fund (known in polite circles as "CIO"), got a break when the UK’s financial watchdog dropped its investigation saying it didn’t have a strong enough case.  Apparently, the fact that ...

Tags: "It's Laughable Really": Why No One, Especially Not Jamie Dimon, Will Be Held Accountable For London Whale,  Jamie Dimon Latest News

JUL 21, 2015 - Business Insider

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BARNEY FRANK: Lloyd Blankfein's billionaire status 'disproves the argument that somehow we’ve passed a law that was crippling them'

Five years ago, former Rep. Barney Frank (D-Massachusetts) loaned his name to a law that would come to define post-crisis financial regulation. The Dodd-Frank Wall Street Reform and Consumer Protection Act, enacted five years ago on Tuesday, was designed to improve accountability and transparency in the financial industry, end "too big to fail," and protect taxpayers and consumers. Some elements of ...

Tags: BARNEY FRANK: Lloyd Blankfein's billionaire status 'disproves the argument that somehow we’ve passed a law that was crippling them',  Jamie Dimon Latest News

JUL 21, 2015 - Washington Business Journal

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Top-paid U.S. bank CEO revealed

A new ranking of the highest-paid American bank CEOs includes several with strong Dayton-area operations. JPMorgan Chase & Co. CEO Jamie Dimon topped the national list with $27.7 million in total compensation last year that included a $7.4 million bonus, according to a listing of 2014 compensation levels compiled by SNL Financial. JPMorgan Chase operates the second largest bank operation ...

Tags: Top-paid U.S. bank CEO revealed,  Jamie Dimon Latest News