JPMorgan Chase: London whale swallows $2B
CBS News
When Linda Almonte alerted her boss at JPMorgan Chase about potential fraud in a major deal she was helping to close, she expected him to applaud her great catch. JPMorgan Chase has suffered big, unexpected losses at a closely watched trading desk, providing fodder to supporters of a new financial regulation the bank's CEO has [...]
Read MoreFacebook's IPO: Putting it in context
Washington P
Historically speaking, if Facebook has raised that much for its initial public offering, it would: — be the sixth-largest US IPO ever, sliding between AT&T Wireless and Kraft Foods. — be the 15th-largest IPO in global history, behind Glencore There is no shortage of speculation and rumors about Facebook's upcoming initial public offering, some of [...]
Read MoreFacebook IPO's meaning: Zuckerberg faces reality
CNN Internat
There is plenty of talk about the Facebook IPO, which the company is expected to announce this week. The numbers being thrown about are eye-popping: The world's largest social network is said to be seeking to raise $10 Facebook is being valued between $75 billion and $100 billion and is planning to go public sometime [...]
Read MoreIn Facebook IPO, bankers seek prestige over fees
Reuters
There is no shortage of speculation and rumors about Facebook's upcoming initial public offering, some of it plausible, some of it not so much. The following is our attempt to sort through it all. Emily Jackson Staff Reporter Related More on Facebook Olive: Privacy the real issue for Facebook Facebook IPO to create jobs: COO [...]
Read MoreUnclaimed money in US totals $32 billion: Do you have missing cash?
Washington P
One Missouri woman received $6.1 million in unclaimed money. Here's how you can give yourself a similar payout. That person will be the recipient of the largest unclaimed money award in U.S. history: $6.1 million. The states estimate that one in every 10 people has unclai. KANSAS CITY, Mo. — A Kansas City woman claims [...]
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