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Bank Growth Alarms Regulators

Bank Growth Alarms Regulators

When the credit crisis struck last year, federal regulators pumped tens of billions of dollars into the nation's leading financial institutions because the banks were so big that officials feared their failure would ruin the entire financial system. Today, the biggest of those banks are even bigger.

 

Bailed-Out Chase CEO Dimon: People Should Pay Mortgages "Even If They're Underwater"

Bailed-Out Chase CEO Dimon: People Should Pay Mortgages

Chase CEO Jamie Dimon, whose bank received $25 billion in bailout funds from the government, refused to tell CNBC anchor Melissa Francis how the bank is performing this quarter.

"Can you tell me how this quarter is doing for JPMorgan?" Francis asked.

Dimon's brief response: "I can't."

 

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