John Pierpont Morgan was born on April 17‚ 1837 in Hartford‚CT. John was born to Juliet Pierpont and Junius Spencer Morgan. Junius S Morgan was well known banker and financier. John Pierpont Morgan grows to be another well known banker and financier like his dad. Furthermore‚ there are more roots where J.P Morgan comes from like his education. What education did J.P Morgan get? Well J.P Morgan attended Cheshire Academy‚University of Göttingen‚ and The English High School. J.P Morgan went to University
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meaning that the bank loan was excessive Body4: other regulations were to blame. Conclusion Jp Morgan : recent $2 billion loss from its bad bet on a thinly traded slice of the derivatives markets * Trades were built around contracts tied to corporate bonds (sold huge amounts of protection on an index of 125 highly rated corporate bonds‚ known as the 10 year CDX investment Grade Index Series 9‚ or IG9. * Overall market has worsened and thus it has cost even more for JP Morgan to sell protection
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JP Morgan Chase & Co. JP Morgan Chase & Co. was formed in 2000 by the merger of JP Morgan & Co and Chase Manhattan Corporation (JP Morgan Chase‚ 2007). This merger created a new playing field for the corporation. JP Morgan Chase & Co. now has over $2 trillion dollars in assets and is a leader in the banking and investment industry. JP Morgan Chase has since merged with other financial institutions and simply monopolized the industry. They are recognized as one of the big four banks alongside
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Q:Discuss whether you would marry someone if your parents were against it. I have been thinking this question all the time. One day if i would marry some but my parent do not like it what should i do. For me‚I think this questions depends from culture to culture. I still remember my family rejected my cousins choice because she was not Asian. Obviously‚ that is not a good enough reason not to marry someone. Of course my family is not racist but their concerns were those of anyone
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Directors’ Fiduciary Duties: A New Analytical Framework ___________________________________ Ernest Lim* INTRODUCTION Prior to the enactment of the Companies Act 2006‚ the equitable principles on directors’ fiduciary duties of loyalty comprising the no-conflict and no-profit rules have been characterised in the form of either a strict or flexible approach.1 Simply put‚ under the strict approach2‚ absent the company’s informed consent‚ liability is automatically triggered if a director enters into
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shall become quite clear that this country was not founded by and for all the people. Indeed‚ African Americans did not found this nation nor was it founded for their benefit. Their white counterparts founded it on their backs. And unfortunately‚ they are still looked down upon today. By whites castigating them as black or even by stereotyping themselves‚ it does still matter today if you are black or white. The following exhibition will show American art’s progressive portrayal of blacks as an inferior
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Financial Statement Restatement Paper This paper will discuss the financial statement restatement of J.P. Morgan Chase and Company from 2012. When discussing J.P. Morgan Chase and Company from this point‚ it will be shorten to Chase. Chase was found to have discrepancies in their first quarter 2012 income statement. The restatement relates to valuations of certain positions in the synthetic credit portfolio of the Firm’s Chief Investment Office (CIO) (JPMorgan Chase & Co. – Current Report July
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to benefit both competition and consumers by allowing firms operate more efficiently. However‚ it has to be noted that some mergers and acquisitions have the capacity to decrease competition in various ways. The merger between JP Morgan Chase and Bank One presented JP Morgan Chase with the opportunity to expand its perspective through providing the firm with access to retail banking markets and clientele in the regions where its previous exposure had been virtually inexistent. The merger gave the
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What were you afraid of when you were a child ? There were many things that I was scared of when I was little. Some of the fears I acquired were due to prevailing gossips and unfounded tales talked about by the people who were close to me - friends‚ cousins and my parents. But as I mature into my teenage years‚ I realised the folly and absurdities of my fears. In fact‚ some of them were so ludicrous like lurking monsters under my bed and demon-like character that brutally attacked anyone
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WHAT WOULD YOU DO IF YOU WERE JUST ONE INHC TALL Being just an inch tall …. Sounds really strange‚ but if I were really such‚ I would really be very unique and special. All the equipments I would use had to be very diminutive. It might sound strange but I would have lots of leverage. I can go anywhere I wish to without a travelling mode. Just a small crumb of bread would be enough for my lunch and I can also explore many new things and get new experiences. If I wanted to go surfing‚ I
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