CBS Brings on Elizabeth Warren to Back More Bank Regulation; Spikes Ch

May 14th, 2012 3:12 PM
On Monday's CBS This Morning, Charlie Rose and Erica Hill touted Massachusetts Democrat Elizabeth Warren's past time as "the government's chief watchdog during the 2008 bank bailout" as she was brought on to discuss JP Morgan Chase's $2 billion loss. Rose and Hill asked all of their questions from the left, and completely ommited any mention of the recent controversy over Warren's claim of…

99 Percent? Top 25 Occupy Wall Street Backers Worth Over $4 Billion

December 28th, 2011 8:27 AM
Occupy Wall Street attacks income inequality and the richest 1 percent, adopting as its slogan ''we are the 99 percent.'' In October, its protesters staged a ''millionaires march' 'in New York City, parading to the homes of wealthy citizens such as Rupert Murdoch and David Koch. But only some riches bother the Occupiers, who have ignored the massive wealth of celebrities in their own ranks.…

J.P. Morgan Chase CEO Jamie Dimon Condemns 'Too Big to Fail,' Advocate

November 13th, 2009 2:43 PM
J.P. Morgan Chase is the second-largest U.S. bank, but its CEO spoke out on Nov. 13 to condemn the policy of bailing out banks which are "too big to fail." Jamie Dimon wrote in the Washington Post that even his bank should accept the risk of failure. "[I]f some unforeseen circumstance should put this firm at risk of collapse, I believe we should be allowed to fail," Dimon said. He argued that…

CNBC's Gasparino Fires Back at Bear Stearns Rumor Charges

July 9th, 2008 10:32 AM
Although the collapse of Bear Stearns happened back in March, the debate still rages as to what led to the failure of the 85-year old investment bank that had survived years of previous turmoil, including the Great Depression. After JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon appeared on PBS's "The Charlie Rose Show" July 7 and commented on an August 2008 Vanity Fair article alleging that…