| Aug 14, 2013
| 5:15 PM
NEW YORK — The bank's infamous "London whale" trades involved complex financial products, but prosecutors alleged that a cover-up by former JPMorgan Chase & Co. employees involved simple lies.
The accusation was part of criminal charges filed...
| Sep 6, 2013
| 9:29 PM
Everybody wants to see the perpetrators of the financial crisis punished, but you have to feel a little sorry for Standard & Poor's, the credit rating firm being sued by the federal government for its role in the disaster.
S&P clearly has its back to...
| Sep 18, 2013
| 11:19 AM
WASHINGTON -- Federal Reserve policymakers unexpectedly voted Wednesday not to alter one of the central bank’s key economic stimulus programs.
The move defied market expectations that the Fed would begin tapering its monthly purchases of $85...
| Apr 3, 2013
| 1:32 PM
A few hours after the Rolling Stones announced their first North American tour since 2006, including a date May 28 at the United Center, Mick Jagger called and answered a few quick questions.
Q: After the Stones came off the road the last time, did...
| Nov 19, 2013
| 12:48 PM
JPMorgan Chase & Co. will pay a record $13 billion to resolve allegations that it sold faulty mortgage investments that fueled the 2008 financial crisis, Justice Department and state officials said.
New York Atty. Gen. Eric T. Schneiderman said the...
| Nov 19, 2013
| 2:05 PM
JPMorgan Chase & Co. said the $13 billion settlement it reached with the Justice Department, state attorneys general and other agencies erased most of its potential liability in the sale of faulty mortgage investments that fueled the 2008 financial...
| Nov 20, 2013
| 11:56 AM
The "statement of fact" -- that narrative document that lays out what a corporate defendant has done wrong, without actually mentioning anything that could hurt the corporation in court -- has become our generation's big new literary genre. The...
| May 6, 2013
| 5:00 AM
For years, the Ravens quietly tried to make the case to the NFL that Baltimore-Washington would function best as a single television market.
The current system -- in which the Redskins and Ravens have separate markets -- left some Ravens fans, in...
| May 19, 2013
| 7:00 AM
How do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Pritzker inherited much of her wealth,...
| Oct 25, 2013
For months it was a matter of intense speculation: Who would President Obama nominate to chair the Federal Reserve? Now that he has named Janet Yellen, currently the Fed's vice chair and an exceptionally well-qualified candidate, maybe we can move on to...
| Oct 25, 2013
| 6:18 PM
NEW YORK — The widely expected $13-billion settlement between JPMorgan Chase & Co. and the federal government started to take shape with details in a key deal unveiled Friday.
The New York bank agreed to pay $5.1 billion to the regulator...