Category Archives: takeovers

Colombian Friends Will Cause Havoc

Posted on February 7, 2011 by John Winslow

JPMorgan Chase rigged the New York Stock Exchange, acquiring funds to acquire other banks, to balloon itself into Too Titanic to Let Sink, The Acquisitors, Chapter Four. JPMC then bought Madoff funds for itself and its customers. Through those banks it acquired, … Continue reading →

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Opportunity Lost

Posted on December 27, 2010 by John Winslow

JPMorgan Chase must grow bigger. It’s only our second largest bank now, assets: $2 trillion. But with more growth “We can give so much more, quicker, better, faster. Like Wal-Mart,” Jaime Dimond, JPMorgan Chase’s CEO, told The New York Times, Sunday Magazine, … Continue reading →

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Break Back to Size

Posted on December 20, 2010 by John Winslow

“We caused a lot of carnage…. Poor business judgments we made have affected Main Street,” Bank of America CEO, Brian Moynihan, told The Washington Post, December 5, 2010. But why would the nation’s largest bank make terrible mistakes spreading across the … Continue reading →

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