May 15 Watch FBI to Probe JPMorgan Practices After Trading Loss At an annual shareholders meeting in Florida Tuesday, JPMorgan CEO Jamie Dimon apologized for the company's recent losses and survived a pair of shareholder votes on his pay and job responsibilities. Judy Woodruff discusses the turmoil -- including news of… Continue watching
May 14 Watch JPMorgan Losses: Sens. Levin, Corker Debate Implementing Financial Regulation JPMorgan Losses: Sens. Levin, Corker Debate Implementing Financial Regulation… Continue watching
May 14 Watch JPMorgan Says Farewell to a Top Executive Amid Fallout From Huge Losses JPMorgan Says Farewell to a Top Executive Amid Fallout From Huge Losses… Continue watching
May 11 Watch After JPMorgan’s Huge Loss, Is More Regulation Needed? Shares in JPMorgan Chase fell 9 percent Friday on news that the bank lost $2 billion over six weeks due to "self-inflicted" mistakes. Jeffrey Brown, The Wall Street Journal's Liz Rappaport, Michael Greenberger of the University of Maryland School of… Continue watching
Jun 25 Watch Early Morning Compromises in Congress Advance Wall Street Reforms Early Friday, the House and Senate reached an agreement on a set of Wall Street reforms after a marathon session. Jeffrey Brown talks to Nomi Prins, former managing director at Goldman Sachs, and Douglas Elliot, former investment banker for JPMorgan,… Continue watching
Sep 23 Watch Top Banks Rethink Policies on Overdraft Fees Leading banks move to change overdraft fees deemed harmful to consumers. Jeffrey Brown speaks with a banking expert about the overhaul. Continue watching
Dec 04 Global Banks Chop Interest Rates as Crisis Grows By Admin, PBS News Hour More central banks across the world cut interest rates Thursday, hoping to quash a global economic slump that is spreading faster than policymakers had anticipated. Continue reading
Sep 26 Watch Largest Bank Failure in U.S. History Preempts Any Bailout Plan Another blow was dealt to the ailing American finance system as Washington Mutual Bank was seized overnight by the U.S. government. By morning its assets were sold off to JPMorgan Chase. Business reporters detail the sudden and drastic move. Continue watching
Apr 03 Watch Bernanke Says Bear Stearns Rescue Was ‘Necessary’ Federal Reserve Chairman Ben Bernanke defended the agency's rescue of Bear Stearns in a Senate hearing Thursday, saying the move was necessary to prevent further impact on the general economy. Financial experts weigh the Fed's response to recent economic turmoil. Continue watching
Apr 01 Will JPMorgan Chase have to assume all of Bear Stearns’ debt? Question/Comment: Will JPMorgan Chase have to assume all of Bear Stearns’ debt? Paul Solman: Nope. The Fed covers the first $30 billion dollars of Bear Stearns losses — $30… Continue reading