The Mainstreaming of Common Sense: Nell’s Lifetime Achievement By Lev Janashvili Last week, at the fifth annual Corporate Governance Awards ceremony in New York, Nell Minow received a Lifetime Achievement Award fromCorporate Secretary magazine. Several JPMorgan Directors Long Serving and Well Paid By Sonja Ryst Several directors who are reportedly reviewing …
JPMorgan’s Connections to the House Finance Committee
Tuesday, June 19, 2012 JPMorgan’s Connections to the House Finance Committee by Cora Currier | @coracurrier As CEO Jamie Dimon testifies today, we lay out JPMorgan’s ties to the committee – and just who is investigating the bank’s big losses. More coverage: Charting the Cozy Connections between JP Morgan and …
An Institutional Flaw At The Heart Of The Federal Reserve
The Baseline Scenario An Institutional Flaw At The Heart Of The Federal Reserve Posted: 14 Jun 2012 07:10 AM PDT By Simon Johnson. This is a long blog post, about 2,800 words. On the ?PBS NewsHour? in late May, Treasury Secretary Timothy Geithner indicated that the continued presence of Jamie …
Jamie Dimon And The Legitimacy Of The Federal Reserve System
Click for the article on the Baseline Scenario Posted: 24 May 2012 05:13 AM PDT By Simon Johnson There are two diametrically opposed views of how the largest financial companies in our economy operate. On the one hand, there are those like Charles Ferguson, director of the Academy Award-winning documentary …
The JPMorgan Trade: Time for a Special Counsel
Better Markets sent a letter Monday to Attorney General Eric Holder, calling for the appointment of a special counsel in connection with the multibillion-dollar trading loss at JPMorgan Chase & Co. What’s at stake is very important, and goes to the heart of whether Americans still have faith that the judicial …
Reinventing Banking After the Jamie Dimon Flameout
Reports that JPMorgan Chase lost at least $2 billion in a risky securities trade is a reminder that the financial industry is still in need of regulatory reform. Not only are banks too big to fail, but — as Martin Hutchinson points out — the financial landscape is simply too complex for …
Anti-American Bankers
Anti-American Bankers Posted: 28 Sep 2011 07:56 PM PDT By Simon Johnson. An edited version of this short post appeared today on the NYT.com’s Room for Debate: “Are Global Banking Rules Anti-American?” Jamie Dimon claims that the new rules on bank capital “anti-American” because they somehow discriminate against American banks …