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Senators roll out red carpet for JP Morgan CEOSenators roll out red carpet for JP Morgan CEO

(3:06) JP Morgan Chase CEO Jamie Dimon gets an easy time at the Senate Banking Committee after JP Morgan lost an estimated $2 billion. The back story: The loss was in the bank's chief investment office (CIO), which had not been subject to the scrutiny of risk management that other areas of the bank's businesses were. Dimon blamed the management staff beneath him, but some of his most senior advisers, including the heads of the investment bank, raised concerns about the lack of scrutiny in the CIO. According to insiders, Dimon just brushed them aside.

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Guest: BEGGARS BELIEF (333 days ago)
HE JUST LOST 2 BILLION DOLLARS FFS !
ReplyVote up (1)downSpam?

cengland0 cengland0 (331 days ago)
Latest comment: Even with the 2 billion loss, they posted a 19 billion profit. And like the congressman said, the government loses twice that amount every day and plans to continue losing that much.

Guest: this is SPARTA (333 days ago)
Send Max Kaizer to question him

Guest: BEGGARS BELIEF (333 days ago)
STUPID AMERICANS

Guest: The Gonk (334 days ago)
They're obviously all in line for a seat on the board after their current non-jobs

glortman glortman (332 days ago)
It is surprising these senators can speak at all with their lips so tightly sealed against Dimon's anal sphincter. Congratulations gentlemen, for showing everyone the definition of the word 'sycophant'.

Blong Blong (334 days ago)
GOP love fest
Scribol  (opens in new window)
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