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Wednesday, October 10, 2012

The Two-Way

JPMorgan Chase CEO: 'I Should Have Caught' $5.8 Billion Error

October 10, 2012 But Jamie Dimon also said mistakes are a part of capitalism.

Summary

Friday, July 13, 2012

The Two-Way

JPMorgan Earned $5B In Second Quarter Even After $4.4B Trading Loss

July 13, 2012 Bank CEO Jamie Dimon says "all of our client-driven businesses had solid performance" and that "we have put most of this problem behind us."

Summary

Wednesday, July 11, 2012

The Two-Way

JPMorgan Will Move To 'Claw Back' Millions From Execs Who Bungled Billions

Another kind of claws at work. Meanwhile, JPMorgan is going to see if legal steps will let it "clawback" some money paid to executives.

July 11, 2012 According to The Wall Street Journal, the bank will indeed seek to recover stocks paid to some of its top executives.

Summary

Tuesday, June 19, 2012

The Two-Way

Moon Shot From JPMorgan's Dimon Is Day's Money Quote

JPMorgan Chase CEO Jamie Dimon during testimony today before the House Financial Services Committee.

June 19, 2012 The bank lost $2 billion — and counting — on some risky bets. But could it ever lose $1 trillion? Only if there's a celestial catastrophe, its CEO quipped today.

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Tuesday, June 12, 2012

The Two-Way

JPMorgan Knew Of Risks, 'WSJ' Reports

June 12, 2012 After interviews with more than a dozen current and former executives at the bank, the newspaper concludes that it was warned about bets that would cost it more than $2 billion. A plan to roll them back wasn't properly implemented, the Journal says.

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