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Wall Street Roundup: Jamie versus Ben. Frank's fundraiser.

June 8, 2011 |  8:30 am

Wall sign -- stan honda afp getty images Gold: Trading now at $1,538 per ounce, down 0.4% from Tuesday. Dow Jones industrial average: Trading now at 12083.71, up 0.1% from Tuesday.

Jamie versus Ben. JPMorgan CEO Jamie Dimon told Federal Reserve chief Ben Bernanke at an event in Atlanta that he was worried the government was slowing down the economic recovery by over-regulating banks. 

Frank's fundraiser. Rep. Barney Frank (D-Mass.), the co-author of the Wall Street reform legislation, held an unlikely $1,000-a-plate fundraiser for Wall Street executives.

Morgan Stanley's problems. Wall Street's perpetual little brother, Morgan Stanley, is looking to pinch pennies on things like its BlackBerry budget. Could its problems signal trouble for the rest of Wall Street?

IPO collusion? A new paper from Oxford economists suggests that Wall Street firms have colluded to keep the fees for initial public offerings high.

-- Nathaniel Popper

Photo: Stan Honda / Getty Images

 

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