Sector: Financials

JPMorgan’s much ballyhooed $2 billion loss is no reason to ramp up regulations, noted bank analyst Dick Bove said Monday.    Read More

Sterne Agee analyst Todd Hagerman on Monday said that he saw “10 to 15 percent further downside risk” to broker/dealer stocks, with “perhaps more for JPMorgan as the review [of the company’s trading losses] unfolds.”    Read More

Following news this week that JPMorgan Chase lost $2 billion on a bad hedging strategy, former FDIC Chairman Bill Isaac on Friday urged U.S policies to prevent banks that are “too big to fail.”    Read More

President Obama has visited a “responsible” couple who owe more on their mortgage than their Nevada home is currently worth. But did they act responsibly?    Read More

FBR analyst Paul Miller wasted no time on Thursday in downgrading JPMorgan Chase following CEO James Dimon's announcement of a $2 billion second-quarter trading loss.   Read More

It is almost certain that, at the very least, the Fed (not wanting to exacerbate its reputation for throwing taxpayer money at “Too Big To Fail” problems), would have backed JP Morgan off these trades long ago.    Read More

These circumstances take on a fantasy-world quality in that many of us continue to believe the bankers are so scary smart about our markets and economy. What it really demonstrates is what chumps we sometimes have become.    Read More

The surprising news of a $2 billion loss at J.P. Morgan is understandably shaking the markets and investor confidence.   Read More

CNO Financial has been pulling back, and now the bulls are stepping in.    Read More

JP Morgan shocks the financial world with a surprise 5pm conference call to announce a $2B in losses Yahoo CEO says he never gave the company his resume. Boone Pickens delivers a frank talk and video game sales see a 5th straight month of decline.   Read More