Believe it or not, given what a hassle airports have been lately, this is a good thing. Well, not entirely a good thing, there was one bad thing, which I'll get to below, but otherwise, I was pretty impressed. So here's the set-up. I accompanied someone to the hospital this week …
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Study offers clue to increased anxiety, stress, autism, bipolar disorder, and obesity in humans over the past thirty years.
The behaviour that caused the mortgage bubble and financial crisis of 2008 was a natural outcome and continuation of this pattern, rather than some kind of economic accident. This behaviour is criminal. We are talking about deliberate concealment of financial transactions tha …
Last week, the once-future Treasury secretary and current JPMorgan Chase CEO Jamie Dimon revealed a $2 billion loss. This previously undisclosed derivative trade should be a wake-up call for those claiming that finance has been “reined in” and no longer presents a t …
It was bound to happen, a bank getting caught red-handed trading derivatives like it was a reunion of 2007 risk traders. But that it was JPMorgan Chase that found itself under the bare light bulb of significant “risk-on” derivatives losses is a true surprise. Lumin …
Prime Minister David Cameron of the United Kingdom, President Barack Obama, Chancellor Angela Merkel of Germany, José Manuel Barroso, President of the European Commission, and others watch the overtime shootout of the Chelsea vs. Bayern Munich Champions League final, in …
In the diplomatic language of Treasury communications, Mr. Geithner just told Jamie Dimon to resign from the New York Fed board (here is the current board composition). It looks bad – and it is bad – to have him on the board of this key part of the Federal Reserve S …
The nation's cutest cookie pushers are the subject of an "official inquiry" by the bishops' Committee on Laity, Marriage, Family Life and Youth, according to National Public Radio. The bishops are suspicious of some of the scouts' program materials, and relationships with g …
China allowed a blind legal activist, Chen Guangcheng, to leave a hospital in Beijing on Saturday and board a plane bound for the United States, a move that could signal the end of a diplomatic standoff between the two countries.
By BART CHILTON By now, folks have heard much about the announcement that JPMorgan Chase had somehow lost $2 billion over a six-week period. In an irony of ironies, here's what one JPMorgan risk officer had to say about the behemoth bank just a few months ago: "Our metric of s …
To MSNBC has not initiated any private discussions.