Word: jp
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Dates: during 2000-2009
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...secretary Henry Paulson for allowing AIG to pass along much of the money it received from the government to Goldman Sachs and other investment banks. Geithner was also asked whether he thought the government's bailout efforts, which have actually allowed a number of banks like Bank of America, JP Morgan Chase and Wells Fargo to grow, has only exacerbated the too-big-to-fail problem in the banking business...
...bigwigs, facing fresh competition from the DPJ, have also been making appearances back on their home turf. "Big shots are going back to their constituencies for the first time in years - to make a cleaner impression," says Daigo Sato, of dot-jp, a non-profit that places students in Diet internships. Fumio Kyuma, former defense minister and LDP representative of Nagasaki-prefecture, has recently made the rounds in order to secure a 10th term now that he's up against 28-year-old female DPJ candidate Eriko Fukuda. Fukuda not only represents the DPJ in age (on average, DPJ members...
...month high. The binge is being fueled in part by optimism that Beijing's $586 billion stimulus program will drive a turnaround in the sagging economy. "After a brief pause, China's appetite for natural resources has returned to buoyant levels," Jing Ulrich, chairman of China equities at JP Morgan in Hong Kong, wrote in a report last month...
...growth and corporate earnings outlooks. Chetan Ahya, economist for Morgan Stanley Asia, upgraded his growth forecast for India this year from 4.4% to 5.8%. "The markets are enthused by the current political developments after 18 years of coalition governments," says Bharat Iyer, head of India research at JP Morgan...
...tests and how much money they will be asked to bring in as new capital. Citigroup (C), Wells Fargo (WFC), and Bank of America (BAC) are troubled, as the government sees it, and will have to improve their balance sheets by a combined total of almost $60 billion. JP Morgan (JPM) and Goldman Sachs (GS) passed the tests and are free from any additional obligations. The stock market has been voting on which banks are in trouble. The price of the shares in each of the banks indicates that traders already knew which firms had problems...