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Home : JPMorgan Announces Surprise $2B Loss
May 11
2012

JPMorgan Announces Surprise $2B Loss

JPMorgan, in an unexpected announcement, said it saw $2 billion in trading losses in the last six weeks, and may yet see more. “We have egg on our face,” Jamie Dimon, the massive bank’s CEO, told a conference call.  “We deserve any criticism we get.”...
Source:http://feeds.abcnews.com/click.phdo?i=a84acf9fdadee550be445e38af430802
 
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