DealBook (Free subscription) | 07/09/2008
Who knew an accounting rule could create such a divide between Wall Street bigwigs? Twice this week, James Dimon, the head of one of the largest banks in the world, has taken pains to put himself on the opposite side of Stephen Schwarzman, who leads one of the biggest private equity firms, in the debate over [...]
New York Times (Free subscription) | 07/08/2008
The mortgage meltdown has made many Wall Street chiefs into punching bags in Washington. James Dimon, the head of JPMorgan Chase, has taken his share of criticism -- but at least he's able to joke about it. Speaking about the mortgage crisis Tuesday at a conference in Arlington, Va., he praised the United States as a [...].
DealBook (Free subscription) | 07/08/2008
The mortgage meltdown has made many Wall Street chiefs into punching bags in Washington. James Dimon, the head of JPMorgan Chase, has taken his share of criticism — but at least he’s able to joke about it. Speaking about the mortgage crisis Tuesday at a conference in Arlington, Va., he praised the United States as a [...]
Law Blog - WSJ.com (Free subscription) | 07/21/2008
James Dimon's criticism of investment banks' newly published capital ratios reflects a loss of investor confidence in tried-and-true measures such as the Tier 1 ratio.
The Big Picture (Free subscription) | 07/22/2008
... What about J.P. Morgan? Well, their CEO is Challenging the Validity of Reported Capital Ratios : "James Dimon is known for being outspoken. But the J.P. Morgan Chase chief executive outdid himself last week by calling into question the legitimacy of investment banks' newly published capital ratios. "I challenge those numbers," Mr. Dimon said, throwing a verbal roundhouse at...
DealBook (Free subscription) | 07/17/2008
It’s not just subprime anymore. Investors were generally giddy over JPMorgan Chase’s second-quarter results, sending its shares up as much as 10 percent in early trading. But analysts on Thursday’s conference call sounded shocked — and not in a good way — after James Dimon, the boss at the banking giant, said that losses stemming from [...]
International Herald Tribune (Free subscription) | 07/18/2008
... in Business with Reuters Although widely praised for its strong balance sheet and management under James Dimon, the bank's results show that it was not immune to economic and competitive pressure. It loosened lending standards and was caught off guard by the severe nationwide drop in home prices just like many of its big bank rivals.And Dimon cautioned that conditions could...
Hispanic Business Magazine (Free subscription) | 07/17/2008
... fall so that they can profit. Proffering false information or manipulating the market is illegal. James Dimon, the chief executive of JPMorgan, expressed concern about the issue during an interview with Charlie Rose, the U.S. television host. "I would say, 'Where there is smoke there's fire,'" he said when asked if there was a "premeditated" attack on Bear Stearns. "I don't have evidence...
DealBook (Free subscription) | 07/17/2008
“Our expectation is for the economic environment to continue to be weak – and to likely get weaker – and for the capital markets to remain under stress,” James Dimon, JPMorgan’s chief executive, said in a statement. “In spite of the environment, we are confident that we are building an increasingly strong and profitable company.”
New York Times (Free subscription) | 07/09/2008
Who knew an accounting rule could create such a divide between Wall Street bigwigs? Twice this week, James Dimon, the head of one of the largest banks in the world, has taken pains to put himself on the opposite side of Stephen Schwarzman, who leads one of the biggest private equity firms, in the debate over [...].
John Hope Bryant (Free subscription) | 07/02/2008
By: Joe Adler American Banker, 7/1/2008 -- Two Federal Deposit Insurance Corp. events next week will focus on promoting mortgage lending to low- and moderate-income households. On July 8, Treasury Secretary Henry Paulson, Federal Reserve Board Chairman Ben Bernanke, and JPMorgan Chase & Co. chief executive James Dimon are to be headline speakers at a forum on low-income mortgage lending...
Counterfire blogg (Free subscription) | 06/19/2008
... So how did JPM get away with it? Olagues notes the highly suspicious fact that JPM’s CEO James Dimon sits on the Board of the New York Federal Reserve . In his latest post, Olagues discusses the fate of Lehman Brothers, the nation’s fourth-largest investment bank and the next faltering bank expected to fail. 2 Unlike Bear Stearns, which got decimated by the JPM buyout using Federal...
International Herald Tribune (Free subscription) | 06/16/2008
Investors are growing concerned that a possible U.S. recession, coupled with the bank's sizable consumer credit business, could make James Dimon look much less impressive.
World Prout Assembly (Free subscription) | 06/16/2008
... So how did JPM get away with it? Olagues notes the highly suspicious fact that JPM’s CEO James Dimon sits on the Board of the New York Federal Reserve. In his latest post, Olagues discusses the fate of Lehman Brothers, the nation’s fourth-largest investment bank and the next faltering bank expected to fail.2 Unlike Bear Stearns, which got decimated by the JPM buyout using Federal...
International Herald Tribune (Free subscription) | 06/09/2008
... Reuters Not all of those Bear Stearns executives were necessarily offered jobs at JPMorgan. And James Dimon, the JPMorgan chief executive, has made an enormous effort to keep certain Bear Stearns bankers, even cutting some of his own people to make room for them.The number of Bear Stearns bankers at Bank of America demonstrates just how much focus the company is putting on its own...
