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» Good News For Dimon?, Senate Slams Apple, Ineffective State Governments And More
Good News For Dimon?, Senate Slams Apple, Ineffective State Governments And More
May 21, 2013 JPMorgan Chase shareholders voted to let Jamie Dimon keep both his chairman and CEO roles Tuesday, The New York Times is reporting. In the wake of the London Whale trading loss, which cost the bank billions of dollars, shareholder groups began calling for the bank to strip Dimon of his chairman role and give it to a non-bank employee. They argued that the move would install more checks and balances on Dimon and other JPMorgan executives. This is a developing story, check back for updates. Continue reading... JARED BERNSTEIN | | Immigration Reform: Stand Down IT, Lobbyists! | For all the numbers bouncing around the immigration reform debate, the most relevant number is 27 percent. That's the share of Gov Romney's Latino vote and that's the reason this much needed advance in public policy might just make it over the legislative goal line. Continue reading... | | ROBERT REICH | | Global Capital and the Nation State | Google, Amazon, Starbucks, every other major corporation, and every big Wall Street bank, are sheltering as much of their U.S. profits abroad as they can, while telling Washington that lower corporate taxes are necessary in order to keep the U.S. "competitive." Continue reading... | | BILL MOYERS | | Enabling Greed Makes U.S. Sick | All too often, instead of acting as a brake on runaway corporate power and greed, government becomes their enabler, undermining the very rules and regulations intended to keep us safe. Continue reading... | | | | LORI WALLACH | | One More Scandal? | What do a zombie, handcuffs, a steamroller and a legislative luge run for job-killing trade agreements all have in common? They're all apt metaphors of an expired, scandalously anti-democratic procedure called Fast Track. Continue reading... | |
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