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DealBreaker (Free subscription) | 07/24/2008
Hilariously named research firm "Gimme Credit" doesn't want to go the way of Bove, or any of the perps Jamie Dimon's got his eye on, but felt that it could not in good conscience let you know that a loss of liquidity could spell trubs for Washington Mutal. Sayeth GC: We do not want to be accused of screaming "fire!" in a bank lobby, as John Reich, the director of the OTS (WaMu's primary regulator),...
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Cocoposts (Free subscription) | 07/21/2008
Monday cut and paste from Dr. Housing Bubble Blog who notes the quote by J.P. Morgan CEO Jamie Dimon in Housing Wire: “Our expectation is for the economic environment to continue to be weak – and to likely get weaker...
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New York Post (Free subscription) | 07/18/2008
Wall Street's pied piper Jamie Dimon led banks out of their slump yesterday without investors ever looking back at the menacing problems on their horizon. Shares of Dimon's JPMorgan Chase soared 12 percent over its frank earnings report because...
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Free Internet Press (Free subscription) | 07/18/2008
J.P. Morgan Chase's stronger-than-expected results Thursday rallied Wall Street - sending the Dow Jone industrial average up dramatically for the second straight day - even as chief executive Jamie Dimon, warned that losses related to the housing and credit markets could grow dramatically in coming months. It didn't take long for that to sink in after the markets closed. Merrill Lynch late this afternoon...
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Financial Time (Free subscription) | 07/17/2008
Jamie Dimon may bristle at being called the King of Wall Street. But recent evidence suggests the chief executive of JPMorgan Chase will sit on the throne for a while longer, mostly because there are no credible pretenders to the crown
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Daily Intelligencer - New York Magazine (Free subscription) | 07/17/2008
JPMorgan Chase's Jamie Dimon. Photo: Getty Images FINANCE • There's chink in Jamie Dimon's armor: JPMorgan Chase reported that its second-quarter profits dropped 53 percent, to about $2 billion. Yet the profit surpassed analysts' average estimate by about 10 cents per share. [ DealBook/NYT ] • It's a good day for BlackRock chairman Laurence Fink: His investment firm reported that profits climbed 23...
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Forbes (Free subscription) | 07/17/2008
Jamie Dimon manages to earn 55 cents per share despite a tough environment and a sick Bear.
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Washington Post (Free subscription) | 07/17/2008
J.P. Morgan Chase posted stronger than expected results today, even as chief executive Jamie Dimon warned that losses related to the housing and credit markets could grow dramatically in coming months.
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Market Watch (Free subscription) | 07/17/2008
NEW YORK (MarketWatch) -- J.P. Morgan Chase CEO Jamie Dimon said on a conference call with analysts Thursday that the bank will not raise its dividend until the economy and financial markets improve. Dimon was asked on the call if he had plans to raise the dividend, like West Coast rival Wells Fargo did on Wednesday. "We applaud our friends at Wells Fargo but we don't have quite that much guts going...
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Market Watch (Free subscription) | 07/17/2008
NEW YORK (MarketWatch) -- J.P. Morgan Chase CEO Jamie Dimon said on a Thursday conference call with analysts that the firm is seeing some improvement in the credit quality of its home equity loan portfolio, but cautioned that as defaults grow in Florida and California, its losses on its prime mortgage portfolio "could triple" in the next year. On the same call, Morgan's CFO, Mike Cavanaugh, told listeners...
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Calculated Risk (Free subscription) | 07/17/2008
From the WSJ: J.P. Morgan's Net Falls 53%. A few excerpts: Chief Executive Jamie Dimon said he expects "the economic environment to continue to be weak -- and to likely get weaker -- and for the capital markets to remain under stress." He added that "since substantial risks still remain on our balance sheet, these factors will likely affect our business for the remainder of the year or longer."
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Seeking Alpha (Free subscription) | 07/14/2008
Felix Salmon submits: Hank Paulson is a tough guy. He's no pushover: Just look at that phone call to Jamie Dimon, telling him that anything over $2 a share was altogether far too much money to pay for Bear Stearns. So what are we to make of his statement regarding Fannie Mae and Freddie Mac? With apologies to Jack , here's the parse: Paulson: Fannie Mae and Freddie Mac play a central role in our housing...
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New York Post (Free subscription) | 07/13/2008
It sounded like all of Wall Street was playing a giant game of Clue last week - wondering who in the financial community helped kill Bear Stearns with what weapon and where. The "game" was kicked off by JPMorgan chief Jamie Dimon after the...
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Teresa Lo | InVivoAnalytics.com (Free subscription) | 07/12/2008
I imagine there will be a lot of “the sky is falling” sort of articles this weekend in the wake of the demise of IndyMac, Fannie Mae and Freddie Mac teetering, and saber rattling from Iran. Charlie Rose: How did you come at $2.00 a share? Jamie Dimon: Buying a house and buying a [...]
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Calculated Risk (Free subscription) | 07/10/2008
A conversation with Jamie Dimon (Part I): (hat tip Dave) Note: this is long but worth the time. A continued conversation with Jamie Dimon (Part II) NOTE: Dimon starts at 43+ minutes into the 2nd video:
