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JP Morgan

U.S., Russia must repel greed, fear

By Kristin Y. Christman. First published in the Albany Times Union. John D. Rockefeller was incensed. It was the 1880s, and oil drillers had struck such enormous wells in Baku that Russia was selling oil in Europe at prices that…

JPMorgan Pays $2.6 Billion Fine to Avoid Criminal Charges in Madoff Case

The financial giant JPMorgan Chase will pay $2.6 billion to settle allegations it failed to disclose suspicions of fraud in what turned out to be a massive Ponzi scheme by Bernie Madoff. Senior executives at JPMorgan Chase had serious doubts…