The House of Dimon: How JPMorgan's Jamie Dimon Rose to the Top of the Financial World
DealBook (Free subscription) | 4 hours ago
Several U.S. policy makers consider JPMorgan Chase 's chief executive, Jamie Dimon, as a potential successor to U.S. Treasury Secretary Timothy Geithner, The New York Post reported.
24/7 Wall St. (Free subscription) | 4 hours ago
The speculation over the fate of Treasury Secretary Tim Geithner and Fed chief Ben Bernanke has grown as Congress has become more troubled by rising federal deficits and unemployment. The $787 billion stimulus package has done too little to create jobs. GDP growth is anemic. Soomebody will have to take the fall between now and the [...]
The Street (Free subscription) | 3 hours ago
Jamie Dimon is being looked upon as a successor to Timothy Geithner, as the Treasury secretary gets renewed heat for his role in the Obama administration's regulatory overhaul.
The Business Insider (Free subscription) | 3 hours ago
This Sunday was reported to have been the deadline for Bank of America (BAC) to find a new CEO. Officially, their goal was to get it done this week, but it appears that's not going to happen. Bloomberg : The directors, who met Nov. 20, may be willing to go past their Nov. 26 target and the Dec. 31 retirement of CEO Kenneth D. Lewis if it means getting a better choice, according to a person familiar...
24/7 Wall St. (Free subscription) | 2 hours ago
Updated throughout the day. Hershey (NYSE:HSY) and Nestle may enter the bidding for Cadbury (NYSE:CBY) (various) Microsoft (NASDAQ:MSFT) may pay content companies to block their content from Google (NASDAQ:GOOG) News and use Redmond as their distribution outlet. (FT) Colgate (NYSE:CL) may be the next consumer products takeover target. (24/7) Jamie Dimon, CEO of JPMorgan (NYSE:JPM) may be the next Treasury...
Emptywheel (Free subscription) | 2 hours ago
The NY Post reports that some are suggesting Jamie Dimon to replace Tim Geithner.
DealBreaker (Free subscription) | 2 hours ago
Why Did Lloyd Blankfein Apologize? (NYT) According to Goldman: "Lloyd has expressed regret in various different forums, including a speech to the Council of Institutional Investors in April and one at the Handelsblatt Conference in September. He has stated that the financial services industry collectively neglected to raise enough questions about whether some of the trends and practices that...
The Street (Free subscription) | 2 hours ago
Monday's early headlines include Microsoft and News Corp. taking aim at Google and reports that JPMorgan Chase CEO Jamie Dimon could succeed Timothy Geithner as Treasury Secretary.
bloggers against chase bank (Free subscription) | 11/21/2009
Bloggers against Chase Bank is pleased to add two more anti Chase Bank Blogs to Bloggers against Chase Bank. Financial Murder of Mother of 7 is a gripping retelling of how Chase Bank literally stepped in and literally locked out a family of their own home with no apparent warning! In addition, Chase Bank apparently destroyed family heirlooms and critical documents which then led to the seizing and...
The Daily Transom (Free subscription) | 11/21/2009
A grad student surprisingly acquired a large sum of money; unsurprisingly, he lacked the steely real-world survival instincts to keep it. A.P. writers used spy tactics to get hold of Going Rogue . Inevitablely, Lucky introduced an online store. The Newseum 's Tim Russert shrine opens. How the Atlantic and the Economist eneded up with startlingly similar covers. Goldman Sachs may be "doing God's...
DealBreaker (Free subscription) | 11/19/2009
In the New York magazine profile earlier this month , Andrew Ross Sorkin said that one of the ways he's able to land big sources is by not being "adversarial or coming to the table with an ax to grind." The piece also claimed that many of ARS's colleagues at the Times think it has to do with the fact that he's too buddy-buddy with his high-profile pals, and goes way too easy on them in print....
Big Cat News (Free subscription) | 11/19/2009
Help Big Cat Rescue win $1,000,000,00 by voting at this link: http://apps.facebook.com/chasecommunitygiving/charities/1259795 Facebook users will vote for the charity of their choice with the winner netting $1 million and five runner ups receiving $100,000. 100 finalists will each win $25,000 each. The program is called Chase Community Giving: You Decide What Matters and you an vote now through December...
The Business Insider (Free subscription) | 11/18/2009
Breakfast lovers around the country will be displeased to know that Kellogg Co., parent company of Eggo Waffles, is running short on waffles due to an interruption in production: Inquirer : Kellogg Co. says there will be a nationwide shortage of its popular Eggo frozen waffles until next summer because of interruptions in production at two of the four plants that make them. Already customers are noticing...
DealBreaker (Free subscription) | 11/18/2009
Jamie Dimon would probably make a great cop because he's a badass who doesn't take shit or prisoners from anyone. And I can see Vikram Pandit patrolling the streets on horseback. Ken Lewis obviously how to administer a sobriety test on a possibly drunk driver. Despite protests the contrary, Jimmy Cayne knows his way around a nightstick. Dick Fuld has spent the last year showing up to industry parties...
The Business Insider (Free subscription) | 11/18/2009
Citigroup is raising CFO John Gerspach's salary from $400k to $500k, despite the fact that the failed firm has received billions of dollars in government aid. James Forese, co-head of global markets, will make $475,000, more than double his previous salary: AP : The pair will also receive "stock salary" for 2009. Gerspach will receive stock valued at $2.9 million as part of his compensation...
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