Richard Shelby Is Angry That Regulators He Sandbagged Didn't Stop JPMorgan Losses - Huffington Post


U.S. News & World Report
Richard Shelby Is Angry That Regulators He Sandbagged Didn't Stop JPMorgan Losses
Huffington Post
Richard Shelby (R-Ala.) is shocked -- SHOCKED! -- that gambling is going on at JPMorgan, and that this gambling led to a multibillion-dollar loss on a "hedge" that was actually something that looks a lot more like an insane and irresponsible bet.
Senators Leading JPMorgan Hearing Count Bank Among Biggest Supporters U.S. News & World Report
JPMorgan's dividend Bangor Daily News
“This trading loss has been a wake-up call,” Sen. Tim Johnson said. | AP Photo Politico

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Shelby shows how the game is played - msnbc.com (blog)


Globe and Mail
Shelby shows how the game is played
msnbc.com (blog)
By Steve Benen The Senate Banking Committee, led by Chairman Richard Shelby (R) of Alabama, held a hearing yesterday on the JPMorgan Chase's admittedly "stupid" trading bets that lost the company at least $2 billion in a very short amount of time.
Republicans don't like regulations, except for when they do Washington Post (blog)
Senate Banking Committee Holds First Round of Hearings on Fail Whale Trades Firedoglake
SEC reviewing JPMorgan's filings after $2B loss BusinessWeek
The Hill (blog)
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Shelby Demands Explanation for Regulatory Failures - PoliticalNews.me (press release)


Bloomberg
Shelby Demands Explanation for Regulatory Failures
PoliticalNews.me (press release)
US Senator Richard Shelby (R-Ala.), ranking Republican on the Committee on Banking, Housing and Urban Affairs, made the following statement at a hearing on derivatives reform. “Since the passage of the Dodd-Frank Act, its proponents have repeatedly ...
Top Senate Republican Prepares Subpoena for CFTC Chairman Over MF Global Fox Business
BofA Buy Back, MF Global Subpoena, Scotia Sale, Wells Fargo No Outsized Risks Here Is The City

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Investment in Sen. Shelby pays off for JPMorgan - Montgomery Advertiser


Bloomberg
Investment in Sen. Shelby pays off for JPMorgan
Montgomery Advertiser
Richard Shelby of Alabama, the committee's ranking Republican, glowered at federal regulators and charged that they “didn't know what was really going on.” “When did you first learn about these trades?” Shelby inquired. Gary Gensler, head of the ...
SEC reviews JPMorgan filings prior to its $2b trading loss Boston.com
Key regulators learned of JPMorgan loss from media reports Los Angeles Times
SEC looking at JPMorgan's financial reporting Reuters

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Sen. Richard Shelby to be recognized by National Wildlife Federation - al.com (blog)


al.com (blog)
Sen. Richard Shelby to be recognized by National Wildlife Federation
al.com (blog)
Richard Shelby, normally not a favorite of environmental organizations, will accept an award tonight from the National Wildlife Federation for his work on the RESTORE Act, which would direct the fines from the 2010 oil spill to coastal restoration and ...

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Mother's statements scrutinized in Shelby murder trial - Evansville Courier & Press

Mother's statements scrutinized in Shelby murder trial
Evansville Courier & Press
By Mark Wilson BOONVILLE, Ind. — Discrepancies in Jessica Oesterle's version of the events surrounding the death of her daughter came to light Monday in Warrick Circuit Court during the murder trial of her ex-husband, Richard Shelby.

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Senate passes new Iran sanctions - Jewish Telegraphic Agency


Politico
Senate passes new Iran sanctions
Jewish Telegraphic Agency
Richard Shelby (R-Ala.). The House passed similar legislation in December by a bipartisan margin of 410-11. Among other things, the Senate bill targets the Iranian Revolutionary Guard Corps, expands sanctions on energy and uranium mining activities in ...
Senate adopts tougher Iran sanctions Politico
Senate toughens Iran penalties over nuke program BusinessWeek

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