JPMorgan Chase http://kplu.org en JPMorgan's losses 'may reach $9 billion' http://kplu.org/post/jpmorgans-losses-may-reach-9-billion First <a href="http://www.npr.org/blogs/thetwo-way/2012/05/11/152486953/jpmorgan-rogue-trader-losses-send-chills-through-markets" target="_blank">it was $2 billion</a>.<p>Then "<a href="http://www.npr.org/blogs/thetwo-way/2012/05/17/152894846/as-feared-jpmorgans-losses-are-growing-reportedly-at-3-billion" target="_blank">as high as $4 billion</a>."<p>Now <a href="http://dealbook.nytimes.com/2012/06/28/jpmorgan-trading-loss-may-reach-9-billion/?hp" target="_blank">there's word from <em>The New York Times</em> that</a>:<p><blockquote><p>"Losses on JPMorgan Chase's bungled trade could total as mu Thu, 28 Jun 2012 12:14:46 +0000 Mark Memmott 5424 at http://kplu.org JPMorgan's losses 'may reach $9 billion' Lessons learned from JPMorgan Chase's unexpected loss http://kplu.org/post/lessons-learned-jpmorgan-chases-unexpected-loss <p><a href="http://www.jpmorganchase.com/corporate/About-JPMC/about-us.htm">JPMorgan Chase</a> is the largest banking corporation in America. It stood out as a beacon of stability during the recent U.S. financial meltdown. But not anymore.</p><p>The bank shocked Wall Street last week with a&nbsp;<a href="http://www.npr.org/blogs/money/2012/05/11/152488354/jp-morgans-2-billion-loss-explained">$2 billion loss</a>. More losses may be on the way.</p><p>On this week&#39;s Money Matters, financial commentator Greg Heberlein and KPLU&#39;s Dave Meyer look at some of the lessons to be learned from this surprising development.</p><p> Tue, 15 May 2012 12:00:00 +0000 Dave Meyer & Greg Heberlein 5006 at http://kplu.org Lessons learned from JPMorgan Chase's unexpected loss JPMorgan 'rogue trader' losses send chills through markets http://kplu.org/post/jpmorgan-rogue-trader-losses-send-chills-through-markets "It was a bad strategy. It was badly executed."<p>The words of JPMorgan Chase's CEO, Jamie Dimon, as he admitted late yesterday that the investment bank — or, more precisely, a single "rogue trader" working for the bank, had lost some $2 billion in the last six weeks in risky hedge-fund trades.<p>The news has sent chills through the markets. Shares of JPMorgan Chase, the largest U.S. Fri, 11 May 2012 14:09:05 +0000 Scott Neuman 4999 at http://kplu.org Anatomy of a protest: Occupy Seattle vs. Jamie Dimon of Chase http://kplu.org/post/anatomy-protest-occupy-seattle-vs-jamie-dimon-chase <p>What happens when the captain of the financial industry is brought to Seattle to celebrate business leadership in the middle of a populist revolt aimed directly at the wealthy and financial companies?</p><p>Pepper spray. Arrests. Speeches. And a very nervous Seattle business school, caught in the crossfire, whose gala event of the year could be wrecked. What follows is a close look at the events and decisions leading up to the Nov. 2 clash in downtown Seattle gleaned from emails and documents obtained by KPLU.&nbsp;</p><p> Tue, 20 Dec 2011 21:00:00 +0000 Jake Ellison & Vanessa Romo 3507 at http://kplu.org Anatomy of a protest: Occupy Seattle vs. Jamie Dimon of Chase