- “You can’t prove that favoritism influenced FDIC” in going easy on brass at Chicago bank [Kevin Funnell]
- Securities and Exchange Commission won’t give up bid for more power in stale cases despite 9-0 SCOTUS loss [my new Cato Institute]
- Is JP Morgan paying an enforcement price for Dimon’s outspoken criticism of regulators? [Prof. Bainbridge; WSJ (reporting claims that “it took Mr. Dimon too long to shed a combative stance with regulators… In April the bank’s two top regulators told Mr. Dimon and his board that they had lost trust in management.”)] More on Standard & Poor’s claims that it was targeted for retaliation by federal government [Peter Henning, NYT DealBook, earlier]
- Judge rules against law passed by Chicago on bank-owned vacant buildings [Chicago Real Estate Daily]
- Post-merger derivative claims: “Delaware refuses to feed the sharks” [Bainbridge]
- Payday lending fight pits New York regulator against some Indian tribes [Funnell, Native American Financial Service Association]
- Stay on the line to learn more about the Verizon/Vodafone deal, or just press the star key to sue now [Daniel Fisher, Forbes]
Filed under: banks, Chicago, Delaware, Indian tribes, mortgages, statutes of limitations
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[…] that a large share of it was for making dumb trades, as opposed to intentional malfeasance. (Earlier on whether regulators had taken a bead on Morgan because of chief Jamie Dimon’s perceived bad […]