Easy Street - Most Recent
Jun 21, 2012
Even a full month after Facebook's disastrous IPO, it's clear the deal had far-reaching implications on faith in the markets, for both professional and regular investors.
Jun 20, 2012
Everyone's watching today's FOMC rate decision. But at this point, what does a low interest-rate policy accomplish that it hasn't already?
Jun 18, 2012
A wry note making the rounds of European trading desks pokes fun at the insistence of European finance ministers to circle the wagons.
Jun 18, 2012
The day after Greece is "saved," the rest of Europe is on shakier ground than ever.
Jun 17, 2012
Greeks are deciding on their next political leaders today - and, not incidentally, the fate of the eurozone. If Greeks reject austerity, many are predicting a worldwide financial panic. Here's what you need to know.
Jun 15, 2012
Jamie Dimon's testimony this week has been sliced and diced in the financial press, and for the most part Dimon got off easy. But his scariest statement - that JP Morgan was planning to make money in a global credit crisis - now seems the most interesting and prescient.
Dimonpalooza: A Guide to Easy Street's Multimedia JP Morgan CoverageIt's been a busy week of JP Morgan coverage - and there will be more over the coming months - so it's a good time for a wrapup of all the Easy Street reporting and analysis. You may want to start a full month back, when we provided an explainer of the confusing JP Morgan trade and an account of CEO Jamie Dimon's more hubristic statements. We also talked with Lauren Lyster at Capital Account about JP Morgan's improbable explanation of its bet, which we called "a unicorn hedge" for its mythic character. As more people tried to pin down the scale of JP Morgan's loss, we noted that even the bank probably didn't know what it got into. A few weeks later, we brought you exclusive coverage of Nobel Prize-winning economist Robert Engle's predictions about which banks had the biggest gap to fill for systemic risk - including, of course, JP Morgan. When we spoke on a panel at the Museum of the City of New York about Reinventing Wall Street, we talked with our fellow panelists, including Josh Brown, about our conviction that the JP Morgan story was the most important of the year so far - because it was the most surprising. As the day drew nearer for Dimon's star turn on Capitol Hill, we started with a short curtainraiser for Marketplace Morning Report right from Washington on what to expect from the hotly anticipated Dimon hearings, introducing the term "Dimonpalooza" with the expectation that some of the outrage that fueled previous Congressional grilling may have - shall we say - faded. We introduced you to Jamie Dimon's testimony the night before, looking at it for clues on his stance towards the Senate. The day of the Dimon hearing, we headed over to Capitol Hill and covered the proceedings right from inside the Senate room with real-time chronicling on Twitter and through pictures on Instagram, with a big thanks to the Storify talents of our Web chief Matt Berger.&n ...
Jun 15, 2012
Capital Account with Lauren LysterMe on Capital Account with Lauren Lyster talking about JPMorgan Chairman and CEO Jamie Dimon's testimony before the Senate Wednesday.
Jun 14, 2012
Jun 13, 2012
Follow along in real time with today's Senate hearing on JPMorgan's multibillion-dollar bad bet. A collection of photos, Tweets, related reading, and other tantalizing details from the Senate gallery.
As Heard in the Senate: Testimony of JPMorgan CEO Jamie DimonRead it for yourself. The
Jun 12, 2012