credit derivatives

Yesterday, Elizabeth Warren introduced the 21st Century Glass-Steagall Act of 2013, co-sponsored by Senators McCain, Cantwell, and King. Read more...
Jon Stewart took the members of the United States Senate Banking Committee to task after their disgusting display this week where they were fawning all over JPMorgan Chase CEO, Jamie Dimon. Not surprising, as Stewart pointed out, given Dimon is one Read more...
I have to say that Rep. Marsha Blackburn is generally one of the more infuriating Republican politicians to watch on television because her usual tactic is to talk over and filibuster whoever the other guest is on with her and run out the clock so Read more...
Remember last month, when I wrote about JPMorgan Chase gambling heavily on high-risk credit derivatives, and Jamie Dimon said it was a "tempest in a teapot"? Oops. JPMorgan Chase disclosed on Thursday that a trading group had suffered Read more...