Posts with tag jamie dimon

Jamie Dimon Sells Chicago Mansion After Slashing Price in Half

It took three years and at least four price offerings, but JPMorgan Chase chairman and CEO Jamie Dimon has finally sold his four-story mansion on Chicago's Gold Coast, and for under $6.95 million -- less than half of its original list price. The price on the 13,500-square-foot property, which first went on the market at... Continue Reading »

Chicago Home Sales Up for 6 Months! (and Other Good News)

Well, good news for everyone except JPMorgan CEO Jamie Dimon. Here's what's happening: Reversing consecutive weeks of mostly dismal housing news, Chicago got word this week that home sales leaped 45 percent in March compared to last year. However, median home prices continue to fall. This marks the sixth straight month... Continue Reading »

JPMorgan Chase Is No Fan of Latest Obama Plan to Stem Foreclosures

JPMorgan Chase CEO Jamie Dimon was once a golden boy in Washington. After his bank emerged relatively unscathed from the subprime meltdown, Dimon was an enthusiastic supporter of the government's bailout plans. The lifelong Democrat was a member of Barack Obama's unofficial brain trust during the 2008 presidential... Continue Reading »

Forget Greece, California's the REAL Worry

While all eyes are glued to Greece, whose financial woes could melt the Euro (not to mention the Gyro), one banking big wig is focused on an economic mess that makes Greece's problem seem like a souvlaki picnic comparison. The sovereign state he's concerned about? California! Jamie Dimon is chairman of JP Morgan Chase,... Continue Reading »

For Bankers, Who's the Boss?

Watching the CEOs of America's largest banks testifying this week to Congress about their roles in starting The Great Recession with varying levels of contrition and defiance raises the question: exactly who are banks really accountable to in these post-TARP days? Who's the boss? Shareholders? Taxpayers? Customers (whom... Continue Reading »

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