Showing posts with label JPMorgan. Show all posts
Showing posts with label JPMorgan. Show all posts

Monday, October 28, 2013

JPMorgan Chase's $13 Billion Banking Settlement a "Screaming Bargain"

In the largest banking settlement in U.S. history, the banking giant JPMorgan Chase is set to pay a record $13 billion fine to settle investigations into its mortgage-backed securities. Five years ago, the bank's risky behavior helped trigger the financial meltdown, including manipulating mortgages and sending millions of Americans into bankruptcy or foreclosure. JPMorgan's preliminary settlement with the U.S. government may end up costing much less after taxes -- closer to $9 billion because the majority of the deal is expected to be tax deductible. The deal is expected to be followed by a larger agreement with the Justice Department still in the works. Many in the media have portrayed the deal as unfair to the bank. The Wall Street Journal describes it as the government "confiscating" half of JPMorgan's annual earnings to "appease ... left-wing populist allies" of the Obama administration. Meanwhile, the New York Post portrayed it as a kind of bank robbery, running a headline that read: "UNCLE SCAM: U.S. robs bank of $13 billion." We are joined by Yves Smith, financial analyst and founder of the popular finance blog "Naked Capitalism." Smith is the author of the book, "ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism."



Thursday, September 26, 2013

Is JPMorgan Chase Bullet Proof?

Is JPMorgan Chase Bullet Proof? | Investor Beat - 9/26/13 | The Motley Fool


In this edition of Investor Beat, host Chris Hill and Motley Fool analysts Matt Koppenheffer and David Hanson dissect the hardest-hitting investing stories of the day.

JPMorgan CEO Jamie Dimon met with Attorney General Eric Holder today, to discuss a possible settlement to end criminal and civil charges against the bank. The cost to JPMorgan, however, may be upwards of $11 billion. In today's lead story on Investor Beat, Matt and David discuss why a fine greater than an entire quarter of JPMorgan's earnings didn't drag down the stock, and whether they think this big bank is a buy today.

Then, at 2:10 the guys take a look at four stocks making big moves on the market today. Bed Bath & Beyond hits an all-time high after 2nd-quarter profits rose 11%. Hertz takes a tumble after the company cut guidance for the rest of the year. J.C. Penney rebounds from its 13-year low yesterday, and was the most traded stock on Wall Street. And KiOR, a renewable fuels company based in Texas, is up huge today, on news that the company received a $50 million commitment from investor Vinod Khosla, intended to double the company's production capacity.

Finally, at 4:56 Matt and David tell investors why they'll be watching shares of Diamond Foods and Two Harbors Investment Corp this week.

Tuesday, September 24, 2013

More Legal Trouble for JPMorgan? | Where the Money Is - 9/24/13 | The Motley Fool

On Tuesday's edition of The Motley Fool's everything-financials show, Where the Money Is, analysts Matt Koppenheffer and David Hanson discuss today's top headlines, play a round of "Would You Rather...", and search Twitter for some hidden insights.

Thursday, September 19, 2013

JPMorgan Scandal cost $920 Million in fines!




http://finance.yahoo.com/news/jpmorga...
(Reuters) - The "London Whale" trading scandal, once dismissed as a "tempest in a teapot" by JPMorgan Chase & Co CEO Jamie Dimon, is costing the largest U.S. bank $920 million in penalties and a rare public admission of wrongdoing.
Settlements with four U.S. and British regulators, made public on Thursday, resolve the biggest civil probes of the bank's $6.2 billion of Whale derivatives trading losses last year. Criminal investigations are still under way.

Monday, August 19, 2013

More Bad Press for JPMorgan | Investor Beat 8/19/13 | The Motley Fool





In Monday's edition of Investor Beat, host Alison Southwick and analysts Jason Moser and Matt Koppenheffer dissect the hardest-hitting investing stories of the day.

The SEC announced today they are investigating JPMorgan for offering jobs to the children of high ranking Chinese officials in exchange for preferential treatment. In our lead story on Investor Beat, Matt and Jason discuss whether this is a reason to invest elsewhere.

Also, at 2:36, our analysts take a look at four stocks that made big moves on Monday. Zillow announces a new acquisition and plans to offer 2.5 million new shares. Barnes and Noble makes Nook Video compatible with iOS and Android. LinkedIn is targeting teens. And Cobalt Energy hits sand instead of oil with well in the Gulf.

Finally, at 5:40, Jason and Matt tell investors why they'll be watching shares of JPMorgan and J.C. Penney very closely in the week ahead.

Blog Archive

“Control oil and you control nations; control food and you control the people.” Henry Kissinger


once a standing army is established, in any country, the people lose their liberty.”
George Mason

“Military men are dumb, stupid animals to be used as pawns for foreign policy.”
Henry Kissinger

“If you are an ordinary person, then you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”
Henry Kissinger

"We don't let them have ideas. Why would we let them have guns?" Joseph Stalin

The people who cast the votes decide nothing. The people who count the votes decide everything.
Joseph Stalin

Governments keep a lot of secrets from their people . . .
Why aren't the people in return allowed to keep secrets
from the government?

PHILIP ZIMMERMAN, DER SPIEGEL

“Some call it Communism, I call it Judaism.”

Rabbi Stephen Weiss

“Anti-Communism is Anti-Semitism.”
Jewish Voice, July - August 1941

Taxing People is Punishing Success
UNKNOWN

There's the rich, the poor, and the tax payers...also known as the middle class. Robert Kiyosaki

The Tax you pay is The Bill for Staying Stupid

Stefan Molyneux


“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus

The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.
The Rothschild Bros

"Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers.

This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.

By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."

USA Banker's Magazine, August 25 1924


Cutting Tax Rates stimulates Economic Growth creates more Profit , more Jobs and therefore The Treasury ends up with more Tax Money
UNKNOWN

Taxation is legalized Theft
UNKNOWN

"The Objective of the Bank is not the control of a conflict , it's the control of the debt that a conflict produces . The real value of a conflict , the true value is in the debt that it creates . You control the debt , you control everything . this is THE VERY ESSENCE OF THE BANKING INDUSTRY , to make us all , whether we be nations or individuals , SLAVES TO DEBT " An UNKNOWN Banker

Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they make you king ....

Bob Dylan


"Corporations are stealing billions in tax breaks, while the confused, screwed citizenry turn on each other. International corporations have no national allegiance, they care only for profit." Robert Reich


There is NO political answer to a spiritual problem!
Steve Quayle


Po
litical Correctness is a Political Stand Point that does not allow Political Opposition , This is actually The Definition of Dictatorship
Gilad Atzmon

The modern definition of racist is someone who is winning an argument with a liberal
Peter Brimelow


When People lose everything and have nothing left to lose , They Lose It !

GERALD CELENTE

Your Greatest Teacher is Your Last Mistake
DAVID ICKE

The one who Controls the Education System , Controls Perception
UNKNOWN

"The world will not be destroyed by those who do evil, but by those who watch them without doing anything."

Albert Einstein

In The Left Nothing is Right & in The Right nothing is Left
UNKNOWN


No man escapes when freedom fails; The best men rot in filthy jails. And those that cried 'Appease! Appease!' Are hanged by those they tried to please
UNKNOWN

Freedom is not Free
UNKNOWN

Don't Steal The Government Hates The Competition

Ron Paul

"Buy The Rumor , Sell The Fact " Peter Schiff


You can love your Country and not your Government

Jesse Ventura


" The Government Works for ME , I do not answer to them They Answer to ME "
Glenn Beck

"Tyranny will Come to Your Door in a Uniform "
Alex Jones

"The Government is not The Solution to our Problems , The Government is The Problem "

Ronald Reagan


"The price good men pay for indifference to public affairs is to be ruled by evil men." Plato


The world is a tragedy to those that feel, and a comedy to those that think...Beppe Grillo

"The people should not fear the government for it is the government who should fear the people" UNKNOWN

"If You are looking for solutions to the world's problems , look in the Mirror , You Are The Solution , You have the power as a human being on this planet " UNKNOWN

"They don't control us , We empower them " UNKNOWN

"Serial Killers do on a Small Scale What Governments do on a large one..."

Serial Killer Richard Ramirez

There is a Class War going on in America, & unfortunately, my class is winning." Warren Buffet

"When the people fear their government, there is tyranny; when the government fears the people, there is liberty."

Thomas Jefferson

"College is a waste of Money"
Albert Einstein

Schools manufacture people who think that they're smart but they're not.
Robert Kiyosaki

Education is what you learn after you leave School
Robert Kiyosaki

" ‏Schools were designed to create employees for the big corporations."
Robert Kiyosaki


"If a law is unjust, a man is not only right to disobey, he is obligated to do so" Thomas Jefferson

Dissent is the highest form of patriotism
Thomas Jefferson

“True education makes you feel stupid. It makes you realize you have so much more to learn.” Robert Kiyosaki


"One day your life will flash before your eyes. Make sure it's worth watching." - Gerard Way

"Aspire not to have More but to be More "
UNKNOWN

The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know.
Robert T. Kiyosaki ‏

"Failure is simply the opportunity to begin again. -This time more intelligently." Henry Ford

What You Own Owns You
UNKNOWN

If you expect the government to solve your problems, you have a problem. Robert Kiyosaki

"Those who give up their liberty for more security neither deserve liberty nor security." Benjamin Franklin

"None are more hopelessly enslaved than those who falsely believe they are free.” -
Johann Wolfgang von Goethe

"Always trust someone who is seeking the truth , never trust someone who found it" Jordan Maxwell

Be The Change you want to see in The World
UNKNOWN

Failure inspires winners but defeats losers
Robert Kiyosaki ‏

“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people” A Chinese Proverb

"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.

Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me." UNKNOWN