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1. TPM—Senators Fawn Over JPMorgan CEO After Massive Trading Debacle: "The long-shot big hope for Wall Street reformers Wednesday was that JPMorgan CEO Jamie Dimon would trip up before the Senate Banking Committee and expose the need for tighter rules governing big banks. His firm, after all, recently lost billions making risky bets with depositor funds on the line. Instead, with some notable exceptions, the senators themselves turned the cross-examination into a coronation, and exposed the extent to which elected officials still feel compelled to genuflect to powerful financial interests.
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Senate panel wants Jamie Dimon to testify about JPMorgan trading loss

Business & Finance : Money & Co (3 years ago)

WASHINGTON -- The chairman of the Senate Banking Committee said Thursday he plans to invite JPMorgan Chase & Co. Chief Executive Jamie Dimon to testify at a hearing about the bank's $2-billion trading loss.

LIVE: Jamie Dimon's Appears Before The Senate Banking Committee

Business & Finance : Business Insider: Clusterstock (3 years ago)

JPMorgan's chief executive Jamie Dimon is appearing before the Senate Banking Committee in Washington, D.C. this morning to testify about the $2 billion trading loss the bank revealed last month. On May 10th, JPMorgan disclosed a mu...

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Business & Finance : Ezra Klein (3 years ago)

In just two hours, Jamie Dimon went from Washington’s whipping boy to the Republican Party’s brain trust on regulating Wall Street. JPMorgan’s CEO testified this morning before the Senate Banking Committee, ostensibly to explain how...

Guess What Happened When JPMorgan's CEO Visited Elizabeth Warren's Office

News : Huffington Post (12 hours ago)

WASHINGTON -- A meeting between Sen. Elizabeth Warren (D-Mass.) and Jamie Dimon deteriorated almost immediately after the JPMorgan Chase & Co. CEO visited the recently re-elected senator and consumer advocate at her Capitol Hill off...

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Business & Finance : Business Insider: Money Game (9 hours ago)

In early 2013, JPMorgan's outspoken chief Jamie Dimon trolled Sen. Elizabeth Warren (D-Mass.) when he told her to "hit" him with a fine because his bank could "afford it." Dimon has been a major critic of increased regulations on th...


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