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LIRR DERAILMENT AFTERMATH: LIRR Updates | MTA Information | Listen: 1010 WINS | WCBS 880

JPMorgan

(credit: Justin Sullivan/Getty Images)

JPMorgan Chase Says Actual Cost Of Bad Trade Grows To $5.8 Billion

CEO Jamie Dimon’s original estimate of the loss from the bad trade, disclosed in a surprise conference call with Wall Street analysts in May, was $2 billion.

2012/07/13

The entrance Federal Reserve Bank of New York, located at 33 Liberty Street, is seen on July 29, 2011 in New York City. (Photo by Andrew Burton/Getty Images)

No Decisions Announced At New York Federal Reserve Meeting As Debt Ceiling Deadline Looms

Executives from the country’s biggest banks met with U.S. Treasury officials Friday to discuss how debt auctions will be handled if Congress fails to raise the borrowing limit before Tuesday’s deadline.

2011/07/30

The Federal Reserve Building is seen in Lower Manhattan in New York.(Photo credit: TIMOTHY A. CLARY/AFP/Getty Images)

Bank Executives, Treasury Department Officials Meet At Federal Reserve To Discuss Debt Ceiling

The Treasury invited 20 of the largest banks to a meeting to discuss an upcoming quarterly auction of government debt.

2011/07/29

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