jamie dimon

Tata Group chairman Ratan Tata and Honeywell chairman David Cote would co-chair the reconstituted Indo-US CEO Forum, which would meet on the margins of the Indo-US Summit here next week. The Indian CEOs would be accompanying Prime Minister Manmohan Singh next week as part of the official delegation. The Prime Minister and US President Barack Obama would be meeting the reconstituted CEOs Forum to get a private sector perspective on how to expand economic cooperation between the two nations.

Our hope is that the Forum will inform the choices of government leaders, as it has in the past, and thereby enhance our joint competitiveness and ingenuity   -J Burns

 

A grad student surprisingly acquired a large sum of money ; unsurprisingly, he lacked the steely real-world survival instincts to keep it. A.P. writers used spy tactics to get hold of Going Rogue . Inevitablely, Lucky introduced an online store .  

Investors are wondering just how far Congress will go toward breaking up big banks. The answer may depend on the outcome of the health care debate. If they fail to overhaul health care, Democrats will face the 2010 midterm elections with little to show for their time in power other than a high unemployment rate, unpopular stimulus spending and a flub of their biggest legislative priority.

Ending the era of 'too big to fail' does not mean that we must somehow cap the size of financial-services firms   -Jamie Dimon

 

But go beyond a short-term view of the Charlotte-based bank's collection of prime assets, and Jamie Dimon, the JPMorgan chief and credit crisis winner, would need to watch his back. There may actually be no better job in finance than the hot-seat at BofA. Right now it's different. Regulators are hardly friendly with BofA or Ken Lewis, its outgoing chief.  

JPMorgan Chase's retail banking arm is giving away $5 million to charity via a Facebook promotion. The Chase Community Giving Facebook application encourages Facebook users to choose from more than 500,000 small and local charities to decide which community organizations they want to receive donations from Chase's corporate philanthropy fund. Chase is running media across Facebook as well as elsewhere online and in print to promote the initiative, according to a spokesperson for Context Optional, which  

(breakingviews.com) -- What's the best job in financial services? The available chief executive's seat at troubled Bank of America may not spring to mind. But go beyond a short-term view of the Charlotte-based bank's collection of prime assets, and Jamie Dimon, the JPMorgan chief and credit crisis winner, would need to watch his back.  

A House committee voted Wednesday to give the government extraordinary new power to break up large financial firms that pose a potential risk to the economy. The proposal by Rep. Paul Kanjorski (D-Penn.) would allow regulators to break up such big companies before their failure becomes imminent. It goes beyond the powers requested by the Obama administration to seize large firms on the brink of failure should their collapse threaten to damage the wider financial system.

I recognize this is extraordinary power. Hopefully it will never have to be used   -Paul Kanjorski

 

Do art and stocks perform the same? ___________________ Is 10% unemployment good or bad for the stock market? ___________________ PaidContent has five media deals that could happen in 2010 . ___________________  

The SEIU-led anti-big bank rally made a stop in Washington , picketing the offices of Goldman Sachs. Only about 100 protesters showed up with their signs, but that was good enough to get some coverage in Politico . The most memorable prop: a big red homemade vampire squid puppet, replete with fangs and cloak that every so often tried to wrap its tentacles around a globe on a stick.