Markets

SEN. CARL LEVIN: JPMorgan Just Reminded Us We Need To Be Tougher On Banks

[credit provider=”AP” url=”http://www.apimages.com/OneUp.aspx?st=k&kw=carl%20levin&showact=results&sort=date&intv=None&sh=10&kwstyle=and&adte=1304704771&pagez=60&cfasstyle=AND&rids=700a5b0920e54f2fb42015aa10f9eed5&dbm=PY2010&page=1&xslt=1&mediatype=Photo”] Sen. Carl Levin (D-Mich), who is the chairman of the Senate Permanent Subcommittee on Investigations and he helped write the Volcker Rule, has just issued the following statement following today’s news of a $2 billion trading loss at JPMorgan Chase. From Levin: 
SEN. CARL LEVIN: JPMorgan Just Reminded Us We Need To Be Tougher On Banks
Tech

Now Apple Has A Senator Threatening To Investigate Its Tax Practices

[credit provider=”Matt Rosoff Business Insider”] Apple’s tax practices are drawing the attention of some in Congress after a scathing New York Times report over the weekendSen. Tom Coburn (R-Okla.) revealed in an interview on Morning Joe today that he was “livid” about the news that Apple had managed to pay a […]
Now Apple Has A Senator Threatening To Investigate Its Tax Practices
Markets

Blankfein Is About To Get A Subpoena Over Goldman’s Mortgage Business

[credit provider=”Bloomberg Businessweek”] Goldman’s top executives will probably get subpoenas from federal prosecutors over their mortgage unit in the next few days, the WSJ reports.Sen. Carl Levin said he had referred his committee’s findings on the financial crisis to the DOJ, so the existence — or imminent existence — of […]
Blankfein Is About To Get A Subpoena Over Goldman’s Mortgage Business
Markets

Do You Know Carl Levin?

Carl “Shitty Deal” Levin gave us some of the financial crisis’s best and most riveting television since the May 6thFlash Crash. Who can forget his questioning of Goldman Sachs executives?
Do You Know Carl Levin?
Markets

Senator Levin Says He’ll Refer Goldman Testimony From Last Year’s Congressional Hearing To The DOJ For Possible Perjury Charges

[credit provider=”C-SPAN”] We can’t say we’re surprised that a Senate report released yesterday, that details what caused the financial crisis, focuses on Goldman Sachs. A  lot.The findings of a two-year analysis “trains much of its ire on Goldman Sachs, which Sen. Levin said deceived some clients by betting against home […]
Senator Levin Says He’ll Refer Goldman Testimony From Last Year’s Congressional Hearing To The DOJ For Possible Perjury Charges