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Jamie Dimon, the chief executive of JPMorgan Chase, says he believes Washington has become increasingly erratic and unfair in its treatment of the banks over the last few months, and he now has some regrets about participating in the government’s Troubled Asset Relief Program. “F.D.I.C. is going to cost us a lot of money. TARP [...]
LAS VEGAS – President Barack Obama is unveiling $1.5 billion in housing help, a boost timed to his appearance in the city with the worst foreclosure crisis in the nation. Click to enlarge President Barack Obama salutes during his arrival at McCarran International Airport in Las Vegas, Thursday, Feb. 18, 2010. (AP Photo/Pablo Martinez Monsivais) [...]
Take you hands away from your eyes Mr. Dimon. Mortgage industry executives say homeowners simply are not complying with the program’s requirements, despite their best efforts to reach out. Homeowners “will not file the documents,” Jamie Dimon, JPMorgan Chase & Co.’s CEO, said this week. “We need the documents. We are trying to simplify it.” [...]
The New York Post says that Jamie Dimon, CEO of JPMorgan Chase (NYSE: JPM) may succeed Timothy Geithner as the next Treasury Secretary. Dimon’s skills in pulling up JPMorgan Chase through the recession are a great positive for him. Dimon’s help in rescuing Bear Stearns and Washington Mutual, Inc.(OTC: WAMUQ) was also appreciated by the [...]
But he took a tough attitude towards home owners behind on their payments: “I don’t think just because someone’s underwater they say I don’t have to stay there. But they’re supposed to pay the mortgage, and we should teach the American people, you’re supposed to meet your obligations, not run from them. Because you have [...]
Environmentalists like to blast “Big Coal” or “Big Oil” but they too rarely call out polluters by name. Sierra Club bucked the trend today with a new video that fingers JPMorgan Chase CEO Jamie Dimon as a man who promised to “walk the talk” on energy and the environmental, but who actually heads a bank [...]