In Jamie Dimon's Senate Banking Committee hearing earlier on Wednesday, Sen. Jim DeMint of South Carolina asked Dimon, whose company recently announced a $2 billion loss in bad investments, to "advise" Congress on best banking regulation.
Dimon, naturally, offered to help in whatever way he could — even if that meant getting an apartment in Washington, D.C.
"Me and lots of other folks, we’ll do whatever you want, we’ll even get apartments down here.
JP Morgan CEO Jamie Dimon has been invited to testify before the Senate Banking Committee over the bank's $2 billion trading loss, according to a release from Sen. Tim Johnson (D-SD), the chair of the Senate Banking Committee. The h... Read Post
While the hearing held by the Senate Banking Committee Wednesday was ostensibly to probe J.P. Morgan?s giant $2 billion-plus trading loss, Chairman and CEO Jamie Dimon got the opportunity to opine on a wide-range of regulatory topic... Read Post
Click here to view this media Tea party favorite Sen. Jim DeMint (R-SC) on Wednesday asked JPMorgan CEO Jamie Dimon, who recently announced that his company had lost at least $2 billion in the derivative market, to "guide" Congress ... Read Post