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GOP Lawmaker: Hearing Needed on 2B Trading Loss
Sen. Bob Corker, a Republican who serves on the Senate Banking Committee, has called for a hearing on the $2-billion trading loss by JPMorgan Chase &...
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Dimon Survives Votes on Pay, Chairmanship
The CEO of JPMorgan Chase survived a shareholder push to strip him of the title of chairman of the board, five days after he disclosed a $2 billion trading...
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Could JP Morgan Losses Have Been Prevented?
As questions still remain as to how one of Wall Street's largest banks burned up a $2 billion loss from a trading error, those in the banking world wonder...
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Fuzzy Resumes: A Look at Leaders Undone
Yahoo CEO Scott Thompson is just the latest in a long line of prominent people to be forced out after their resumes turned out to be inaccurate.
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More Questions After Yahoo Leadership Fiasco
Yahoo still has credibility issues, even after casting aside CEO Scott Thompson because his official biography included a college degree that he never...
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Ground Broken for New Whole Foods in Detroit
A city infamous for its unemployment, decay, crime and population loss would seem an odd place for an upscale natural and organic grocery chain to plant...
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Yahoo Kicks Out CEO Scott Thompson
Yahoo abruptly fired CEO Scott Thompson, amid revelations that he padded his resume. The new interim CEO is Yahoo's media and advertising chief, Ross...
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JPMorgan Chase Acknowledges $2B Trading Loss
JPMorgan Chase, the largest bank in the United States, said Thursday that it lost $2 billion in the past six weeks in a trading portfolio designed to...