BOOKER T. AND THE MGS, BLUES BROTHERS BASSIST DONALD “DUCK” DUNN DIES AT 70

Donald "Duck" Dunn, the bassist who helped create the gritty Memphis soul sound at Stax Records in the 1960s as part of Booker T. and the MGs died Sunday at 70.More >> Donald "Duck" Dunn, the bassist who helped create the gritty Memphis soul sound atThe death of Booker T. and the MGs bass player ...

JPMORGAN LOSSES REVIVE WORRIES THAT WASHINGTON IS UNABLE TO REGULATE WALL STREET

News that megabank JPMorgan Chase lost $2 billion on a trading scheme designed to help hedge risk has predictably resulted in smug told-you-sos from those who favor increased regulation of the financial sector.JPM says Ina Drew to retire after 30 years * Departure follows losses on derivatives trades * Matt Zames to take Drew's position ...

JAMIE DIMON TO HEAD TO TAMPA TO FACE SHAREHOLDERS

Elizabeth Warren called on JPMorgan Chase CEO Jamie Dimon to resign from his post on the Federal Reserve Bank of New York's board, citing the need for "responsibility and accountability" in the financial industry.By Tom Hals | WILMINGTON, Del (Reuters) - Jamie Dimon sounded more like a plaintiff's attorney than a chief executive when he ...

LIGHTSQUARED FILES FOR CHAPTER 11 BANKRUPTCY

Good news: it is not the Enron (wall of pain) org chart. Bad news: it is the SkyTerra, pardon, LightSquared one. Bad for Falcone that is and its various unsecured creditors. Good for Milbank Tweed which has just started billingBy Josh Smith and Adam Mazmanian LightSquared is preparing to file for bankruptcy in case negotiations ...

JOSH HAMILTON ON TRIPLE CROWN PACE AFTER HISTORIC WEEK (VIDEO)

In the last week, Josh Hamilton has hit 9 homers in 34 plate appearances, and has driven in 18 runs. He has scored 10. And despite striking out in almost a third of his plate appearances, he's managed to hit .467/.529/1.433.You have to hand it to Josh Hamilton. While he's constantly on guard against his ...

WHAT CHRIS BOSH INJURY MEANS FOR HEAT

MIAMI -- The Miami Heat say Chris Bosh will be sidelined indefinitely because of a strained abdominal muscle. An MRI exam performed Monday confirmed the diagnosis.SB Nation is a collection of over 300 individual communities, each offering high quality year-round coverage and conversation led by fans who are passionate about their favorite teams, leagues or ...

WHAT JAMIE DIMON DIDN'T TELL YOU ON 'MEET THE PRESS'

We are apparently reaching the stage in the JPMorgan $2 billion fail-scapade when the patsies are identified and shamed. JPMorgan co-CIO Ina Drew has already cashed out in the wake of the losses, with two underlings,Jamie Dimon's plan to enfeeble the Dodd-Frank reforms, specifically the Volcker rule, has blown up spectacularly. Apparently JPM was so ...

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