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Tag Archives: jp morgan chase

Creditors appeal Tribune bankruptcy plan approval

DOVER, Del. — Unhappy creditors are challenging a federal judge’s approval of Tribune Co.’s plan to emerge from bankruptcy, asking that it be put on hold until their appeals are heard. Separate appeals were filed late Monday by Aurelius Capital ...

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Chase CEO Dimon plans to apologize before Congress

NEW YORK — JPMorgan Chase CEO Jamie Dimon plans to apologize before members of Congress on Wednesday for a trading loss that has cost the bank more than $2 billion. He is also saying that the bank has taken steps ...

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Key Republican: JPMorgan $2B loss raises questions

WASHINGTON — A key House Republican says the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control their risks. But Republican lawmakers rejected calls from Democrats for stricter regulation. Rep. Shelly Moore Capito, R-W.Va., chairman ...

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‘Occupy Wall Street’ protesters stream past millionaires’ NYC homes

NEW YORK — Hundreds of protesters, emboldened by the growing national Occupy Wall Street movement, streamed through midtown Manhattan on Tuesday in what they called a “Millionaires March.” They marched two by two up the sidewalk, planning to pass the ...

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On bank failures, Wall Street reform and the land of misfit toys

The Washington Post has published three interesting business stories this week that promise to reverberate into the new year. One is on bank failures: 2010 saw the most U.S. banks go under since 1992, and analysts see more “on the ...

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