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US Investigates JP Morgan $2 Billion Loss

VOA News
Tuesday, 15 May 2012

News media in the United States are reporting that the federal government has opened a criminal investigation into the more than $2 billion trading loss sustained by the J.P. Morgan Chase & Co. investment bank. Sources told various news outlets on Tuesday that the Justice Department probe is at an early stage. The investigation is being started only days after J.P. Morgan's chairman and chief executive, Jamie Dimon, disclosed the loss that stemmed from complex trading transactions ...
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Source: Newsy.com - on May 11, 2012

News video: JPMorgan's $2 Billion Loss Sends Shockwaves

JPMorgan's $2 Billion Loss Sends Shockwaves

JPMorganChase CEO makes surprise announcement about $2 billion loss.

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