Tag Archives: JPMorgan Chase

Comcast taps JPMorgan on potential Time Warner Cable bid

By Soyoung Kim, Nicola Leske and Liana B. Baker Top U.S. cable provider Comcast Corp has tapped JPMorgan Chase & Co for advice as it evaluates a potential bid for Time Warner Cable Inc, people familiar with the matter said. … Continue reading

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U.S. seeking $6 billion from JPMorgan to settle mortgage claims: source

By David Henry, Margaret Chadbourn, Gary Hill, & Matthew Lewis U.S. government housing finance authorities are pressing JPMorgan Chase & Co for at least $6 billion to settle lawsuits over bonds backed by subprime mortgages, according to a person familiar … Continue reading

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Our Giant Banks Own Airports, Control Power Plants, Hoard Vast Amounts of Commodities and Much More — How Can We Stop Them from Controlling the Lifelines of the Economy?

By Ellen Brown Giant bank holding companies now own airports, toll roads, and ports; control power plants; and store and hoard vast quantities of commodities of all sorts. They are systematically buying up or gaining control of the essential lifelines … Continue reading

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Your mortgage documents are fake!

By David Dayen If you know about foreclosure fraud, the mass fabrication of mortgage documents in state courts by banks attempting to foreclose on homeowners, you may have one nagging question: Why did banks have to resort to this illegal … Continue reading

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Paid via Card, Workers Feel Sting of Fees

By Jessica Silver-Greenberg and Stephanie Clifford A growing number of American workers are confronting a frustrating predicament on payday: to get their wages, they must first pay a fee. For these largely hourly workers, paper paychecks and even direct deposit … Continue reading

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New York AG: Wells Fargo, BofA Violated National Foreclosure Settlement

By Shahien Nasiripour New York Attorney General Eric Schneiderman said Monday he may sue Wells Fargo and Bank of America for allegedly violating the terms of last year’s multi-state mortgage settlement, despite questions over his authority to do so. The agreement, … Continue reading

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Meet Gary Foster: Citi Accountant Accused of $19 Million Fraud

Surprise!! The dude’s a brother. Regardless, he needs to be prosecuted to the fullest extent of the law. On the flip side,  Gary Foster was an “anonymous drone” in Citigroup. Where are the arrests of the real Wall Street bigwigs whose greed … Continue reading

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