The Delaware Gazette

Calls to toughen regulation follow JPMorgan loss

DG296888_web_051212_chase

WASHINGTON — JPMor­gan Chase faced intense crit­i­cism Fri­day for claim­ing that a sur­prise $2 bil­lion loss by one of its trad­ing groups was the result of a sloppy but well-intentioned strat­egy to man­age finan­cial risk.

May 11 2012 | Posted in AP News | Read More »

Europe’s bad mood: Does Obama need to worry?

WASHINGTON — The elec­tions that drove Nico­las Sarkozy out of power in France and left Greece scram­bling to build a coali­tion gov­ern­ment pose a finan­cial threat to the United States that could under­mine Pres­i­dent Barack Obama’s efforts to cast him­self as the agent of a U.S. eco­nomic revival.

May 8 2012 | Posted in AP News | Read More »

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