Dimon Says JPMorgan 2008 Purchase of Bear Stearns was Favor to Fed

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon addressed the lawsuit filed against the company last week by the New York attorney general when speaking at a Council on Foreign Relations event in Wasington, D.C. today. Dimon lashed out at the government for alleging Bear … [Read more...]

JPMorgan Sued for Bear Stearns Fraud

New York Attorney General Eric Schneiderman, in conjunction with the newly-formed Residential Mortgage-Backed Securities Working Group—created by President Obama to hold Wall Street agencies accountable for misconduct related to the nation’s financial crisis—has filed a civil lawsuit … [Read more...]