JP Morgan Chase and Co. - Revision history

David: moved JP Morgan Chase & Co. to JP Morgan Chase and Co.

2011-02-25T12:27:17Z

moved JP Morgan Chase & Co. to JP Morgan Chase and Co.

Barcin Uluisik: -logo

2011-02-02T13:23:42Z

-logo

Melissa Jones: /* Revolving Door */

2011-02-02T12:44:17Z

Revolving Door

Barcin Uluisik: correct referencing & add revolving door

2011-01-31T18:26:10Z

correct referencing & add revolving door

Show changes

Claire Robinson: /* Iraq */

2010-05-18T09:48:24Z

Iraq

Claire Robinson: /* Iraq */

2010-05-18T09:46:58Z

Iraq

Claire Robinson: /* Iraq */

2010-05-18T09:44:23Z

Iraq

Claire Robinson: /* Iraq */

2010-05-18T09:41:07Z

Iraq

Claire Robinson: /* Connection with illegal logging in Asia */

2010-05-18T09:40:37Z

Connection with illegal logging in Asia

Claire Robinson: /* Connection with illegal logging in Asia */

2010-05-18T09:38:19Z

Connection with illegal logging in Asia

← Older revision		Revision as of 13:23, 2 February 2011
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−	~~[[Image:JPMorganChase.gif\|right\|200px]]~~	+
	[[JP Morgan Chase & Co.]] is one of the oldest financial services firms in the world. The company, headquartered in New York City, is one of the leaders in investment banking, financial services, asset and wealth management and private equity. With assets of $1.6 trillion, JPMorgan Chase is currently the third largest banking institution in the United States,<ref>Federal Reserve System, [http://www.ffiec.gov/nicpubweb/nicweb/Top50Form.aspx Top 50 bank holding companies], 31 March 2007, accessed 02 August 2007.</ref> behind [[Bank of America]] and [[Citigroup]]. The hedge fund unit of JPMorgan Chase is the largest hedge fund in the United States with $34 billion in assets as of 2007.<ref>Barr, Alistair, "[http://www.marketwatch.com/news/story/jp-morgan-tops-ranking-us/story.aspx?guid=%7B99BBEED2-81CB-42AD-BB19-8CB38B45D97D%7D J.P. Morgan is largest U.S. hedge-fund firm]," 05 March 2007, MarketWatch, accessed 02 August 2007.</ref> Formed in 2000 when [[Chase Manhattan Corporation]] acquired [[J.P. Morgan & Co.]], the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and governmental clients.		[[JP Morgan Chase & Co.]] is one of the oldest financial services firms in the world. The company, headquartered in New York City, is one of the leaders in investment banking, financial services, asset and wealth management and private equity. With assets of $1.6 trillion, JPMorgan Chase is currently the third largest banking institution in the United States,<ref>Federal Reserve System, [http://www.ffiec.gov/nicpubweb/nicweb/Top50Form.aspx Top 50 bank holding companies], 31 March 2007, accessed 02 August 2007.</ref> behind [[Bank of America]] and [[Citigroup]]. The hedge fund unit of JPMorgan Chase is the largest hedge fund in the United States with $34 billion in assets as of 2007.<ref>Barr, Alistair, "[http://www.marketwatch.com/news/story/jp-morgan-tops-ranking-us/story.aspx?guid=%7B99BBEED2-81CB-42AD-BB19-8CB38B45D97D%7D J.P. Morgan is largest U.S. hedge-fund firm]," 05 March 2007, MarketWatch, accessed 02 August 2007.</ref> Formed in 2000 when [[Chase Manhattan Corporation]] acquired [[J.P. Morgan & Co.]], the firm serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and governmental clients.

@@ Line 45: / Line 45: @@
 ==People==
 ===Revolving Door===
-:*Former Treasury Chief Secretary MP from [[Libems]] [[David Laws]], who resigned from his position in 2010 over expenses claim, was a vice-president of [[J.P Morgan & Co]] from 1987 to 1994.<ref>Debrett's, [http://www.debretts.com/people/biographies/browse/l/21526/David%20Anthony+LAWS.aspx The Rt Hon David Laws, MP], accessed 31 January 2011.</ref><ref>Hennessy, Patrick, Melissa Kite and Patrick Sawer, "[http://www.telegraph.co.uk/news/newstopics/mps-expenses/7783687/David-Laws-resigns-over-expenses-claim.html David Laws resigns over expenses claim]," 29 May 2010, ''Telegraph'', accessed 31 January 2011.</ref>
+:*Former Treasury Chief Secretary MP from the [[Liberal Democrats]], [[David Laws]], who resigned from his position in 2010 over expenses claim, was a vice-president of [[J.P Morgan & Co]] from 1987 to 1994.<ref>Debrett's, [http://www.debretts.com/people/biographies/browse/l/21526/David%20Anthony+LAWS.aspx The Rt Hon David Laws, MP], accessed 31 January 2011.</ref><ref>Hennessy, Patrick, Melissa Kite and Patrick Sawer, "[http://www.telegraph.co.uk/news/newstopics/mps-expenses/7783687/David-Laws-resigns-over-expenses-claim.html David Laws resigns over expenses claim]," 29 May 2010, ''Telegraph'', accessed 31 January 2011.</ref>
 :*[[John Bercow]], Conservative MP for Buckingham, declared having provided 'communications training' to staff of Chase Manhattan Bank in 2002.<ref>UK Parliament, [http://www.publications.parliament.uk/pa/cm200102/cmregmem/memi04.htm Register of Members' Financial Interests], accessed 31 January 2011.</ref>
 :*Former U.K. Prime Minister [[Tony Blair]] was appointed a consultant and senior advisor to JP Morgan Chase & Co. in January 2008.<ref>J.P.Morgan, "[http://www.jpmorgan.com/cm/cs?pagename=JPM_redesign/JPM_Content_C/Generic_Detail_Page_Template&cid=1159330045118&c=JPM_Content_C Tony Blair appointed senior advisor to JPMorgan Chase]," 10 January 2008, accessed 31 January 2011.</ref>

@@ Line 29: / Line 29: @@
 == Iraq ==
-JP Morgan Chase is leading a consortium which will make billions as Iraq's economy slowly recovers from the war. The group was selected to run the new Trade Bank of Iraq,<ref>Haitham Haddadin, [http://www.corpwatch.org/article.php?id=11155 Iraq: Trade Bank of Iraq Gets $2.4 bln Export Guarantees], Reuters, 24 Jan (year not given), acc 17 May 2010</ref><ref>[http://www.cpa-iraq.org/bank/banking_pager.html Creating a sound and modern banking system], Coalition Provisional Authority website, undated, acc 18 May 2010</ref> which has raised billions in trade guarantees by mortgaging future oil production and will make huge profits from the deals.
+JP Morgan Chase is leading a consortium which will make billions as Iraq's economy slowly recovers from the war. The group was selected to run the new Trade Bank of Iraq,<ref>Haitham Haddadin, [http://www.corpwatch.org/article.php?id=11155 Iraq: Trade Bank of Iraq Gets $2.4 bln Export Guarantees], Reuters, 24 Jan 2004, acc 17 May 2010</ref><ref>[http://www.cpa-iraq.org/bank/banking_pager.html Creating a sound and modern banking system], Coalition Provisional Authority website, undated, acc 18 May 2010</ref> which has raised billions in trade guarantees by mortgaging future oil production and will make huge profits from the deals.
 Although the Occupation Authority and JP Morgan Chase are making it possible for Iraq to trade with the world and buy essentials such as food and oil refining equipment despite its poor credit, critics point out that the situation is more complicated, especially since the government of Iraq is not an independent body, but rather an agent of occupation which doesn't necessarily have the best interests of the Iraqi people in mind.

@@ Line 29: / Line 29: @@
 == Iraq ==
-JP Morgan Chase is leading a consortium which will make billions as Iraq's economy slowly recovers from the war. The group was selected to run the new Trade Bank of Iraq,<ref>[http://www.cpa-iraq.org/bank/banking_pager.html Creating a sound and modern banking system], Coalition Provisional Authority website, undated, acc 18 May 2010</ref> which has raised billions in trade guarantees by mortgaging future oil production and will make huge profits from the deals.
+JP Morgan Chase is leading a consortium which will make billions as Iraq's economy slowly recovers from the war. The group was selected to run the new Trade Bank of Iraq,<ref>Haitham Haddadin, [http://www.corpwatch.org/article.php?id=11155 Iraq: Trade Bank of Iraq Gets $2.4 bln Export Guarantees], Reuters, 24 Jan (year not given), acc 17 May 2010</ref><ref>[http://www.cpa-iraq.org/bank/banking_pager.html Creating a sound and modern banking system], Coalition Provisional Authority website, undated, acc 18 May 2010</ref> which has raised billions in trade guarantees by mortgaging future oil production and will make huge profits from the deals.
 Although the Occupation Authority and JP Morgan Chase are making it possible for Iraq to trade with the world and buy essentials such as food and oil refining equipment despite its poor credit, critics point out that the situation is more complicated, especially since the government of Iraq is not an independent body, but rather an agent of occupation which doesn't necessarily have the best interests of the Iraqi people in mind.

@@ Line 29: / Line 29: @@
 == Iraq ==
-JP Morgan Chase is leading a consortium which will make billions as Iraq's economy slowly recovers from the war. The group was selected to run the new Trade Bank of Iraq, which has raised billions in trade guarantees by mortgaging future oil production and will make huge profits from the deals.
+JP Morgan Chase is leading a consortium which will make billions as Iraq's economy slowly recovers from the war. The group was selected to run the new Trade Bank of Iraq,<ref>[http://www.cpa-iraq.org/bank/banking_pager.html Creating a sound and modern banking system], Coalition Provisional Authority website, undated, acc 18 May 2010</ref> which has raised billions in trade guarantees by mortgaging future oil production and will make huge profits from the deals.
 Although the Occupation Authority and JP Morgan Chase are making it possible for Iraq to trade with the world and buy essentials such as food and oil refining equipment despite its poor credit, critics point out that the situation is more complicated, especially since the government of Iraq is not an independent body, but rather an agent of occupation which doesn't necessarily have the best interests of the Iraqi people in mind.

← Older revision	Revision as of 12:27, 25 February 2011
(No difference)

@@ Line 19: / Line 19: @@
 === Connection with illegal logging in Asia ===
-A 2005 report by a group of US environmental groups named JP Morgan Chase and [[BlueLinx]] as major backers of illegal logging in Asia.<ref>Rainforest Action Network, [http://www.allbusiness.com/crime-law-enforcement-corrections/criminal-offenses-misc/7838910-1.html JP Morgan Chase and BlueLinx Linked to Illegal Logging of Endangered Forests], AScribe Law News Service, 24 Feb 2005, acc 17 May 2010</ref> The claims came as Indonesia once again admitted it was unable to stop the trade.
+A 2005 report by a group of US environmental groups named JP Morgan Chase and [[BlueLinx]] as major backers of illegal logging in Asia.<ref>Rainforest Action Network, [http://www.allbusiness.com/crime-law-enforcement-corrections/criminal-offenses-misc/7838910-1.html JP Morgan Chase and BlueLinx Linked to Illegal Logging of Endangered Forests], AScribe Law News Service, 24 Feb 2005, acc 17 May 2010</ref><ref>James Rose, [http://www.rainforestportal.org/shared/reader/welcome.aspx?linkid=39613&keybold=rainforest%20AND%20%20timber%20AND%20%20trade%20AND%20%20ban Report into illegal logging attacks JP Morgan], Ethical Corporation, 1 Mar 2005, acc 18 May 2010</ref> The claims came as Indonesia once again admitted it was unable to stop the trade.
-The activist groups targeted BlueLinx bankers JP Morgan Chase as guilty of profiteering from illegal logging. The report said that the bank provided a loan of $165 million to bale the company out of debt trouble in 2004.
+The activist groups targeted BlueLinx bankers JP Morgan Chase as guilty of profiteering from illegal logging. The report said that the bank provided a loan of $165 million to bale the company out of debt trouble in 2004.<ref>James Rose, [http://www.rainforestportal.org/shared/reader/welcome.aspx?linkid=39613&keybold=rainforest%20AND%20%20timber%20AND%20%20trade%20AND%20%20ban Report into illegal logging attacks JP Morgan], Ethical Corporation, 1 Mar 2005, acc 18 May 2010</ref>
-Ilyse Hogue, director of the Global Finance Campaign at Rainforest Action Network, said, “JP Morgan Chase has built its financial empire by making investments of mass destruction like BlueLinx. JP Morgan Chase’s involvement in the illegal timber trade is not only a national scandal, but further proof that the company must put renewed effort into matching the environmental commitments of industry peers such as Citigroup and Bank of America.”
+Ilyse Hogue, director of the Global Finance Campaign at Rainforest Action Network, said, “JP Morgan Chase has built its financial empire by making investments of mass destruction like BlueLinx. JP Morgan Chase’s involvement in the illegal timber trade is not only a national scandal, but further proof that the company must put renewed effort into matching the environmental commitments of industry peers such as Citigroup and Bank of America.”<ref>James Rose, [http://www.rainforestportal.org/shared/reader/welcome.aspx?linkid=39613&keybold=rainforest%20AND%20%20timber%20AND%20%20trade%20AND%20%20ban Report into illegal logging attacks JP Morgan], Ethical Corporation, 1 Mar 2005, acc 18 May 2010</ref>
-Estimates suggest 70% of Indonesia’s original forest has been lost, and that an area the size of Switzerland is cut down every year with illegal logging believed to be responsible for the destruction of 10 million hectares (2.5 million acres).<ref>[http://www.ethicalcorp.com/content.asp?ContentID=3530 Ethical Corporation Online], accessed 25 February 2008</ref>
+Estimates suggest 70% of Indonesia’s original forest has been lost, and that an area the size of Switzerland is cut down every year with illegal logging believed to be responsible for the destruction of 10 million hectares (2.5 million acres).<ref>[http://www.ethicalcorp.com/content.asp?ContentID=3530 Ethical Corporation Online], accessed 25 February 2008</ref><ref>James Rose, [http://www.rainforestportal.org/shared/reader/welcome.aspx?linkid=39613&keybold=rainforest%20AND%20%20timber%20AND%20%20trade%20AND%20%20ban Report into illegal logging attacks JP Morgan], Ethical Corporation, 1 Mar 2005, acc 18 May 2010</ref>
 == Iraq ==