SEC Sustains Another Black Eye With One-Year Suspension of Former Director Barasch

Source: Forbes Blogs

You had Lloyd Blankfein of Goldman Sachs and Jon Corzine of MF Global on the hot seat. Then Jamie Dimon of JP Morgan. More recently, the folks at NASDAQ, Morgan Stanley, and Facebook have been squirming. Dubious ethical practices. ...
Full article at: Forbes Blogs  More like this  1 hour ago

Heritage Foundation op-ed against California high speed rail

Source: Rebuilding Place In Urban Space

Impact of high speed rail service in Spain, California Watch graphic. Three things that people often fail to properly distinguish in discussions of government spending: (1) this year's budget, what it comprises, and how i ...
Full article at: Rebuilding Place In Urban Space  More like this  1 hour ago

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CEOs Run Around the Enron Rule

Source: FOX Business

Remember when the heads of CEOs were supposed to roll when things went sour at their companies? A key part of the Sarbanes-Oxley law enacted to stop future scandals like Enron and WorldCom was that chief executives had to persona ...
Full article at: FOX Business  More like this  1 hour ago

First POST: Changing Headlines; #SurpriseItsthePresident

Source: techPresident

White House photographer Pete Souza was there to capture the moment — on his iPhone. The co-owner of a Pentagon propaganda contractor has admitted that he was behind websites that were aimed at discrediting USA Today journalists reporting on the ...
Full article at: techPresident  More like this  2 hours ago

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JPMorgan Risk Committee Not Overly Concerned With Finance, Risk

Source: New York Magazine

After shrugging off warning signs, JPMorgan CEO Jamie Dimon described the company's $2 billion loss as "a Risk 101 mistake." Who's responsible for such a costly, but elementary screw-up? Let's start with the bank's risk committee, which, as Bloomberg rep ...
Full article at: New York Magazine  More like this  2 hours ago

Columbus newspaper names new executive editor

Source: Fresno Bee

COLUMBUS, Ga. -- Newspaper veteran Dimon Kendrick-Holmes has been named vice president and executive editor of The Columbus Ledger-Enquirer, the west Georgia newspaper announced. President and Publisher Rodney Mahone made the announcement to a group of ...
Full article at: Fresno Bee  More like this  2 hours ago

I'm Debunking This Fairy Tale We've Been Hearing A Lot From Wall Streeters

Source: The Business Insider

Wall Street has responded — predictably, I suppose — by whining and throwing temper tantrums. And it has, in a way, been funny to see how childish and thin-skinned the Masters of the Universe turn out to be. Remember when S ...
Full article at: The Business Insider  More like this  2 hours ago

Goldman to JPMorgan Swap Trades Soar on Risks

Source: Bloomberg.com

The street sign for Wall Street in front of the New York Stock Exchange (NYSE) in New York. The street sign for Wall Street in front of the New York Stock Exchange (NYSE) in New York. Photographer: Scott Eells/Bloomberg Investors are buying more cr ...
Full article at: Bloomberg.com  More like this  2 hours ago

New Details On How Morgan Stanley Is Blaming The Facebook IPO Scandal On Me!

Source: Silicon Alley Insider

(I am relieved to report that JP Morgan hasn't blamed me for its ~$5 billion trading loss yet. I've always thought that Jamie Dimon was a class act!) The word I got yesterday was that Morgan Stanley was blaming the F ...
Full article at: Silicon Alley Insider  More like this  3 hours ago

KC Fed President Makes The Not-So-Subtle Hint That Jamie Dimon Should Resign From The Fed Board (JPM)

Source: The Business Insider

As the trading debacle at JP Morgan continues to tarnish CEO Jamie Dimon's reputation, a number of officials have not-so-subtlety hinted that his role at the New York Federal Reserve should come to an en ...
Full article at: The Business Insider  More like this  3 hours ago