Feb. 4 at 8:29 a.m.
Filed under:
Banking,
Chicago executives
By Reuters
JPMorgan Chase CEO Jamie Dimon in Davos. (AP)
What’s eating Jamie Dimon? At last week’s World Economic Forum in Davos, Switzerland, the JPMorgan Chase chief executive once again lambasted the media and politicians for portraying all bankers as greedy evil-doers.
It was at least the 12th time since the start of the financial crisis that Dimon has complained about Wall Street critics painting all bankers as cut from the same cloth. But the timing of his latest outburst seemed odd. Get the full story »
Jan. 7 at 11:17 a.m.
Filed under:
Economy,
Government,
Updated
By Associated Press
President Barack Obama appointed Gene Sperling as his director of the National Economic Council Friday, placing a Washington veteran with a bipartisan track record in the White House as the administration contends with a divided Congress.
Sperling’s appointment coincided with the release of the December jobs report that showed the unemployment rate dropping to 9.4 percent, its lowest level in nearly two years. But job growth fell short of expectations, and Obama said that Sperling, along with other newly appointed members of the economic team, have a challenging task ahead. Get the full story »
