jp morgan chase

The “Obama as Socialist” storyline seems to be gaining momentum, mostly because he’s said some stupid things on the topic, such as telling Joe the Plumber that he wants to redistribute the wealth.

His remark has given the McCain campaign a slight opening, and they’ve done everything they can to keep this narrative going.   McCain’s people know it’s probably the only issue left for him, and they’re going to ride it into the sunset one way or the other.

Profits at the US banks JP Morgan Chase and Wells Fargo drop sharply - but beat Wall Street's fears.

The assets of the nation's largest savings and loan were seized Thursday by the government and sold to JP Morgan Chase for $1.9 billion dollars.

The sale spares the government from having to spend more taxpayer dollars on what would have been a costly bailout.

Sara Lerner reports for member station KUOW in Seattle.

JP Morgan Chase says it has sustained $1.5bn in losses related to the sub-prime crisis since the end of June.

JP Morgan Chase sees profits in the second three months of 2008 fall, partly because of mortgage-related write-downs.

Shareholders of US investment bank Bear Stearns will decide whether to agree its sale to JP Morgan Chase.

JP Morgan Chase sees profits in the first three months of 2008 fall, partly due to the credit crisis.

The chairman of Bear Stearns sells his stake in the firm as a takeover by JP Morgan Chase looms.

Global shares rise strongly, boosted by JP Morgan Chase raising its takeover bid for fellow US bank Bear Stearns.

Asian shares rise strongly, boosted by JP Morgan Chase raising its takeover bid for fellow US bank Bear Stearns.