2012-06-13T09:58:35-04:00

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Jamie Dimon testified on JPMorgan Chase’s $2 billion trading loss on May 10, 2012, and business practices in the banking industry. Among the issues he addressed were the bank bailouts following the 2008 financial crisis, banking regulations, and risk management. He also warned of a looming “fiscal cliff” when tax cuts and automatic spending cuts hit simultaneously.

Jamie Dimon testified on JPMorgan Chase’s $2 billion trading loss on May 10, 2012, and business practices in the banking industry. Among the issues he… read more