Home : June 2012 : June 14, 2012 News : Dimon Calls Volcker Rule 'Unnecessary'

Dimon Calls Volcker Rule 'Unnecessary'

June 14, 2012

JPMorgan Chase CEO Jamie Dimon told the Senate Banking Committee he was "dead wrong" when he dismissed a trading loss from the London office as a "tempest in a teapot" before he learned the bank made a $2 billion bad bet.

http://feeds.abcnews.com/click.phdo?i=75bf82303dbda4f842dfcabbecc01a05
Other Stories