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Climateer Investing (Free subscription) | 07/03/2008
From The Consumerist: Bobo and Joy Dickson bought a house had been headed for foreclosure, but JPMorgan Chase apparently didn't get the message that the former owners had moved out and the new owners were in residence. So, naturally, they hired a firm to drill the Dickson's locks and take everything they owned, including their food. Now JPMorgan Chase is "taking it seriously." "We take...
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Business Wire (Free subscription) | 07/01/2008
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) will host a conference call to review second quarter 2008 financial results on July 17, 2008 at 8:00 a.m. (Eastern). Second
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The Consumerist (Free subscription) | 07/01/2008
Bobo and Joy Dickson bought a house had been headed for foreclosure, but JPMorgan Chase apparently didn't get the message that the former owners had moved out and the new owners were in residence.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
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Banking Business Review (Free subscription) | 07/01/2008
17 Mar 200824 Mar 200824 Jul 200725 Mar 200831 Mar 2008This restructuring will result in the assumption of Bear Stearns's preferred stock and debt securities by JPMorgan Chase and the termination of Bear Stearns's reporting obligations under the Securities Exchange Act.JPMorgan Chase expects to complete an internal merger transaction on July 15, 2008, as a result of which each series...
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Banking Times: Daily Banking News (Free subscription) | 06/30/2008
Over the coming weeks JPMorgan Chase & Co. is to take a number of steps to facilitate the proper integration of the businesses of The Bear Stearns Companies Inc. This will entail JPMorgan Chase taking on the preferred stock and debt securities that was Bear Stearns’, as well as ending the reporting obligations of the failed [...]
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Business Wire (Free subscription) | 06/30/2008
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) announced today that it intends to take several steps over the next several weeks related to the integration of the businesses
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Washington Post (Free subscription) | 07/05/2008
Some 122,000 borrowers with Countrywide home-equity lines of credit, or HELOCs, received letters in January informing them that they could no longer withdraw funds from their lines. A few months later, thousands of customers of other major lenders -- including Bank of America, J.P. Morgan Chase, ...
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New York Post (Free subscription) | yesterday
Taxpayers are all but certain to take a hit on the securities the Federal Reserve accepted as part of JPMorgan Chase's takeover of Bear Stearns, according to a report by a hedge fund that is an investor in JPMorgan. The reports comes as the Fed...
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Hip Hop Caucus Blog (Free subscription) | yesterday
... Citimortgage, Inc., HSBC Finance Corporation, GMAC Mortgage Group, LLC, GMAC Residential Capital, J.P. Morgan Chase & Co., Chase Bank USA NA, Fremont Investment & Loan, Option One Mortgage Corporation, WMC Mortgage Corporation, Accredited Home Lenders, Inc., Bear Stearns Residential Mortgage Corporation dba Encore Credit, First Franklin Financial Corporation, National City Corporation, First...
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Inbox Robot: Swiss Reinsurance News (Free subscription) | 07/03/2008
in the second quarter. They also predicted that JPMorgan Chase , a bank that has navigated the crisis relatively well, will write off $1.4 billion
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The Business Journal of Phoenix (Free subscription) | 07/03/2008
JPMorgan Chase & Co. has placed Wachovia Corp. high on its radar screen for a potential acquisition, CNBC reports, citing insiders with the New York bank. (JPM) (WB)
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The Economist (Free subscription) | 07/03/2008
Almost everything that could is going wrong for world stockmarkets THEY rarely ring a bell at the bottom of bear markets. Investors who thought they had heard a tinkling sound when Bear Stearns, a failing American investment bank, was bundled into JPMorgan Chase in March have been disappointed. The Dow Jones Industrial Average is now weaker than it was in the spring (see chart). The American...
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Reuters UK (Free subscription) | 07/03/2008
July 3 (Reuters) - Highbridge Capital Management, which is majority owned by JPMorgan Chase & Co , is looking to raise $1 billion from wealthy investors for a fund focused on buying bank assets beaten down by the credit crunch, the New York Post said on Thursday.
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Calculated Risk (Free subscription) | 07/03/2008
From Bloomberg: Fed Cuts Bear Stearns Asset Estimate to $28.9 Billion The Federal Reserve said the portfolio of Bear Stearns Cos. assets it accepted as part of the firm's takeover by JPMorgan Chase & Co. is now worth $28.9 billion, down from the $30 billion estimated in March. The central bank cut the ``fair value'' of the assets by 3.7 percent as of June 26, the Fed said today in Washington....
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dispatches from TJICistan (Free subscription) | 07/03/2008
http://consumerist.com/tag/jpmorgan-chas… Bobo and Joy Dickson bought a house had been headed for foreclosure, but JPMorgan Chase apparently didn’t get the message that the former owners had moved out and the new owners were in residence. So, naturally, they hired a firm to drill the Dickson’s locks and take everything they owned, including their food. [...]