The official story is that Drew unilaterally approached Dimon, offering to return two years' pay.
ANALYSIS & OPINION
The 1 percent vs. President Obama
The president is arguing that what works for the top of the United States isn’t working for the middle, and that is a criticism the country’s lionized elite hasn’t heard from its leader in a very long time.
Banks, crumbling ethics and a shrinking middle class
If an organized crime group was accused of stealing millions from the City of Baltimore and other struggling municipalities, it would spark public outrage. Instead, the Libor scandal is emerging in dribs and drabs and drawing little public attention. The middle class is victimized, and there is little protest.
50 shades of like
With TV it doesn't matter what you say or how much you love to hate it – as long as you watch. It’s a different game on social networks, which are so heavily dependent on watching you. Bridging that disconnect is what will make social networks as successful as the TV networks.
Will the NRA kill a global arms trade treaty?
The NRA's opposition to measures making it harder to arm tyrants or pour weapons into war zones is in keeping with its overriding ideology: We love guns, and we hate treaties.
More to the financial crisis than just subprime
Just as the recession in the early 2000s became linked with the bursting of the tech bubble, for many the financial crisis in 2008 has been synonymous with the blow-up of subprime mortgages. But there was more to 2008 than that.
The sensible hunt for manufacturing jobs
Michael Kinsley tackles outsourcing today, complaining that Barack Obama is a protectionist who doesn't understand its value, and that Mitt Romney is keener to pander to protectionists than he is to defend free-market principles.
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THE LATEST
- Counterparties: What the Fed knew
by Ben Walsh on Fri, Jul 13, 2012, 4:12 PM EDT - JP Morgan: The clawback narratives
by Felix Salmon on Fri, Jul 13, 2012, 2:35 PM EDT - Will the NRA kill a global arms trade treaty?
by William Hartung on Fri, Jul 13, 2012, 2:03 PM EDT - 50 shades of like
by John C Abell on Fri, Jul 13, 2012, 10:39 AM EDT - Maine governor draws ire with new IRS “Gestapo” comments
by Ros Krasny on Fri, Jul 13, 2012, 9:53 AM EDT - Eli Broad and the Gagosian consensus
by Felix Salmon on Thu, Jul 12, 2012, 8:58 PM EDT - The 1 percent vs. President Obama
by Chrystia Freeland on Thu, Jul 12, 2012, 7:46 PM EDT - Counterparties: America attempts to retire
by Peter Rudegeair on Thu, Jul 12, 2012, 5:49 PM EDT - Google’s Schmidt wants to put you in a self-driving car
by Alexei Oreskovic on Thu, Jul 12, 2012, 9:48 PM EDT - The sensible hunt for manufacturing jobs
by Felix Salmon on Thu, Jul 12, 2012, 12:29 PM EDT
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