Tuesday, May 22, 2012

GOP Senator Worries JP Morgan’s Losses Will Lead To Efforts To Strengthen Financial Regulations

GOP Senator Worries JP Morgan’s Losses Will Lead To Efforts To Strengthen Financial Regulations: When JP Morgan Chase CEO Jamie Dimon dropped a bomb on the financial world two weeks ago by announcing that the bank had lost at least $2 billion on a series of trades that went bad on a London-based investment desk, Tennessee Sen. Bob Corker (R) was among the first lawmakers to call for investigations [...]/p