Archive for May 12th, 2012

Big banks under fire after JPMorgan fiasco

May 12, 2012
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WASHINGTON (AP) — JPMorgan Chase faced intense criticism Friday for claiming that a surprise $2 billion loss by one of its trading groups was the result of a sloppy but well-intentioned strategy to manage financial risk.
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Photos: Carroll Shelby’s legacy

May 12, 2012
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Wall Street Week Ahead: Stocks face choppy seas of bank woes, uncertainty

May 12, 2012
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NEW YORK (Reuters) – More volatility could be in store for stocks next week as investors grapple with less certainty about the economic outlook and a new blow to the financial sector after JPMorgan Chase‘s trading loss.
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JPMorgan $2 bln loss hits shares, credit, image

May 12, 2012
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NEW YORK/LONDON (Reuters) – JPMorgan Chase & Co lost $15 billion in market value and a notch in its credit ratings on Friday while a chorus of regulators and politicians reacted to its surprise $2 billion trading loss by demanding stiffer oversight for the banking industry.
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Cycling a Popular Sport and Past Time

May 12, 2012
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As we live in a world where many are becoming more health and fitness conscious, physical exercise is seen as an important part of everyday life. Cycling has increased in popularity as such an activity. This is because it is a past-time or sport that a family can enjoy together. It is able to...
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Feel the Best Comfort in the Alaska Fishing Cabins

May 12, 2012
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Going for a fishing trip is utterly an enormous experience, isn’t it? But after you have done fishing trips, what do comes after that? Could you still be able to reiterate the fun and thrill that you had gain in your fishing trip if you do go through from back aches and all types...
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