Tag Archive: JPMorgan Chase

AIG court decision shows influence of big banks on bailout

by Bill Allison

investigations

Jun 18, 2015 12:01 am

Why did AIG take the fall for the 2008 financial crisis while other big banks survived just fine?

Fixed Fortunes update: Big donors score as 113th Congress sunsets

by Bill Allison

investigations

Dec 17, 2014 8:33 am

Before shutting up shop on Tuesday, the least productive Congress in recent memory managed to produce some goodies for some very special interests.

JPMorgan not alone

by Nancy Watzman

investigations

May 15, 2012 10:12 am

With the news focused on JPMorgan Chase & Company's $2 billion "mistake" and company's lobbying campaign at financial agencies to permit the sort of trades that led to the loss, it's worth reviewing some other examples where industry have pushed hard to limit the reach of the Dodd-Frank financial law, arguing as JPMorgan did against a heavy hand because they could handle the risk.

The emphasis is on "some:" the list really is much longer. The law famously set in motion more than 220 rulemakings of which just under a third have been completed. Dominating the dockets of ...

Some lobbyists’ gifts to lawmakers’ pet causes remain in the dark

by Keenan Steiner

investigations

Jul 12, 2011 8:27 am

In the past two years, JPMorgan Chase and Bank of America have donated tens of thousands of dollars to a Florida nonprofit where congresswoman Corrine Brown, D-Fla., serves on the board of directors. Yet JPMorgan disclosed this contribution in a lobbying report while Bank of America did not.

There is nothing illegal about the bank’s non-reporting, experts and the megabank say. That’s because disclosure of Bank of America’s gifts—since they came from the bank’s charitable foundation—are not mandated under a law that requires all lobbying entities to report their honorary contributions to the secretary ...