Shares in JPMorgan Chase fell 9 percent Friday on news that the bank lost $2 billion over six weeks due to “self-inflicted” mistakes. Jeffrey Brown, The Wall Street Journal’s Liz Rappaport, Michael Greenberger of the University of Maryland School of Law and consultant Bert Ely discuss the details and calls for more regulation (11 May 2012).
Max Keiser must be so happy now . . . the ‘Keiser Report 286 on Thursday, 9 May 2012: In this episode, Max Keiser and co-host, Stacy Herbert discuss MF Global’s fraud playbook, Jamie Dimon’s give and take, take, take and the fact that nine out of ten tapeworms bear an uncanny resemblance to the JP Morgan CEO (9 May 2012)’.