JPMorgan chief to face Congress
JPMorgan Chase chief executive Jamie Dimon is on Capitol Hill Wednesday to explain to the Senate Banking Committee just how JPMorgan lost more than $2 billion on risky trades. According to a prepared statement, Dimon will outline how JPMorgan plans to prevent such losses from occurring in the future.
By The Week Staff | June 13, 2012
JPMorgan Chase CEO Jamie Dimon: Does he even understand the increasingly complex computer games his own bank is playing?
Lance Iversen/San Francisco Chronicle/Corbis
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PMorgan Chase chief executive Jamie Dimon is on Capitol Hill Wednesday to explain to the Senate Banking Committee just how JPMorgan lost more than $2 billion on risky trades. According to a prepared statement, Dimon will outline how JPMorgan plans to prevent such losses from occurring in the future.