Subject: Stacey Friedman

Subject of Interest

Stacey Friedman is Executive Vice President and General Counsel for JPMorgan Chase & Co. She also serves as a member of the firm’s Operating Committee. She joined the company in 2012 from Sullivan & Cromwell LLP, where she was a partner in the firm’s Litigation Group and a key advisor to the firm. Prior to joining Sullivan & Cromwell, Friedman was a clerk for the Honorable Gary L. Taylor, United States District Court, Central District of California. She received her B.A. from the University of California, Los Angeles, and J.D. from Duke University School of Law. Prior to law school, she worked for Senator Dianne Feinstein.

Biography

JP Morgan 

Subject: Mary Callahan Erdoes

Subject of Interest

Mary Callahan Erdoes is Chief Executive Officer of JPMorgan Chase’s Asset & Wealth Management line of business. Since joining the firm 20 years ago, Erdoes has held senior roles across Asset & Wealth Management before becoming its CEO in 2009 and joining the JPMorgan Chase Operating Committee, the firm’s most senior management team. Erdoes serves on the Federal Reserve Bank of New York’s Investor Advisory Committee on Financial Markets, and on the boards of the U.S.-China Business Council and the Robin Hood Foundation of New York City. She received her MBA at Harvard University.

Biography

JP Morgan 

Subject: Lori Beer

Subject of Interest

Lori Beer is the Global Chief Information Officer (CIO) of JPMorgan Chase & Co. and a member of the company’s Operating Committee, responsible for the firm’s technology systems and infrastructure worldwide. Beer joined the firm in 2014, and was most recently the Chief Information Officer for the Corporate & Investment Bank (CIB). Prior to joining the firm she was Executive Vice President of Specialty Businesses and Information Technology for WellPoint, Inc. Beer holds a Bachelor of Science degree in Computer Science from the University of Dayton.

Biography

JP Morgan 

Subject: Ashley Bacon

Subject of Interest

Ashley Bacon is the Chief Risk Officer of JPMorgan Chase & Co. and a member of the firm’s Operating Committee. He is responsible for the Risk Management and Compliance organization across the Corporate & Investment Bank, Consumer & Community Banking, Asset & Wealth Management, Commercial Banking and the firm’s corporate activities. Bacon joined the Risk organization in 2006. Before joining J.P. Morgan, he traded international government bonds for Daiwa Securities. Bacon holds a degree in Monetary Economics from the London School of Economics.

Biography

JP Morgan 

 

 

Subject: Jamie Dimon

Subject of Interest

Jamie Dimon is Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co. He was named President and Chief Operating Officer upon the company’s merger with Bank One Corporation in 2004. Dimon began his career at American Express Company. Next, he served as Chief Financial Officer and then President at Commercial Credit. Dimon served as President and Chief Operating Officer of Travelers from 1990 through 1998 while concurrently serving as Chief Operating Officer of its Smith Barney Inc. subsidiary before becoming co-Chairman and Co-CEO of the combined brokerage following the 1997 merger of Smith Barney and Salomon Brothers. In 1998, Dimon was named President of Citigroup Inc., the global financial services company formed by the combination of Travelers Group and Citicorp. He graduated at Harvard Business School. Dimon is also the Chairman of the Business Roundtable and serves on the executive committee of the Business Council and the Partnership for New York City, and is a member of the Financial Services Forum, Financial Services Roundtable and Council on Foreign Relations.

Biography

JP Morgan 

Article: “Selling American” Buffett Dumps Most Of His Goldman Stake, Trims JPMorgan In Turbulent First Quarter

Article - Media

“Selling American”: Buffett Dumps Most Of His Goldman Stake, Trims JPMorgan In Turbulent First Quarter

ZeroHedge, 15 May 2020

Airlines aren’t the only sector that Warren Buffett notoriously dumped in April, ahead of the Berkshire Hathaway annual meeting.

According to the just filed Berkshire 13F, in the first quarter when the conglomerate’s equity holdings took a record hit of $66.5 billion, as the value of Berkshire’s disclosed equity positions tumbled from $242BN as of Dec 31, to $175.5BN on March 31, Buffett also sold the bulk, or 84%, of his Goldman Sachs stake – formerly a top 20 position for Berkshire – selling 10 million shares of what at Dec 31 was a 12 million position, while trimming 3% of his stake in JPMorgan (from 59.5MM to 57.7MM shares).

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Article: How the COVID-19 Bailout Gave Wall Street a No-Lose Casino

Article - Media

How the COVID-19 Bailout Gave Wall Street a No-Lose Casino

While ordinary Americans face record unemployment and loss, the COVID-19 bailout has saved the very rich

Matt Taibbi

Rolling Stone, 13 May 2020

This financial economy is a fantasy casino, where the winnings are real but free chips cover the losses. For a rarefied segment of society, failure is being written out of the capitalist bargain.

Continue reading “Article: How the COVID-19 Bailout Gave Wall Street a No-Lose Casino”

Subject: Mark Stainton

Subject of Interest

Mark Stainton is a Special Advisor to the CEO. He joined Citadel in 2006 as Head of Commodities and was subsequently appointed to Head of Global Equities in 2016 before assuming his current role. Prior to Citadel, he served as Head of CDO and Exotic Credit Trading at Deutsche Bank. Prior to Deutsche Bank, he spent three years at JPMorgan Chase in London, where he was a specialist in interest rate and currency products. Mark began his career at McKinsey & Company and holds a bachelor’s degree from Oxford University.

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