Dimon faces tougher questions in House on $2B trading loss
June 19, 2012 in The Daily Republic
WASHINGTON (AP) JPMorgan Chase CEO Jamie Dimon had a much tougher reception Tuesday when he returned to Capitol Hill for a second round of questions over the bank’s $2 billion trading loss. Continue Reading
SIOUX FALLS (AP) Sen. Tim Johnson is questioning why the largest bank in the U.S. failed to have more risk controls in place, leading to more than $2 billion lost on trades.
WASHINGTON Sen. Tim Johnson has scheduled a hearing with JPMorgan Chief Executive Officer Jamie Dimon before the Senate Banking Committee. Johnson, D-S.D., is the chairman of the committee.
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