Lawyers for the SEC have notified U.S. District Court Judge Abdul Kallon that a proposed settlement with former J.P. Morgan Securities Inc. executives Charles LeCroy and Douglas MacFaddin "o... Read more
Last month, after some last-minute compromises, federal regulators approved the final version of the Volcker Rule. This is a centerpiece of the Dodd-Frank Act, which seeks to rein in risk-ta... Read more
I have been rather surprised that there has not been more public outrage over the recent performance of J P Morgan that resulted in a loss of over $ 2 billion. But the more I think about it,... Read more
The Obama administration has blamed the three largest U.S. mortgage lenders for the failures of its foreclosure-prevention program. It says these companies have done little to help people at... Read more
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