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JPMorgan trading losses could total as much as $9 billion
Kai Ryssdal Jun 28, 2012
Although originally estimated at about $2 billion, the total losses from JPMorgan's botched trade in derivatives could -- in a worst case scenario -- reach upwards of $9 billion, according to the New York Times.
How a CEO prepares for Senate testimony
David Brancaccio Jun 13, 2012
The CEO of JPMorgan has been summoned to Capitol Hill today. According to his prepared remarks, Dimon will apologize, saying he feels "terrible" about the $2 billion blunder.
Jamie Dimon has an uphill battle in the Senate
Josh Brown Jun 13, 2012
The JPMorgan Chase CEO testifies before the Senate Banking Committee today, trying to convince Congress that more bank regulation isn't needed, even after his company's $2 billion trading loss.
Jamie Dimon apologizes, explains loss before Congress
Heidi N. Moore Jun 13, 2012
JPMorgan CEO Jamie Dimon apologized for not doing a better job supervising trades that lost his bank billions. Dimon emphasized that while bank shareholders lost money, their clients and taxpayers did not.
Senate Banking Committee's involvement in JPMorgan
Kai Ryssdal Jun 13, 2012
Sixteen senators from the Senate Banking Committee have taken campaign contributions from JPMorgan's political action committee. We called them for comment.
Jamie Dimon's testimony was a wake for Dodd-Frank
Heidi N. Moore Jun 13, 2012
JPMorgan CEO Jamie Dimon spoke before the Senate Banking Committee today, trying to explain the $2 billion loss his company made in trading. The committee went fairly easy on the banker.
JPMorgan Chase's Jamie Dimon to testify before Senate
Kai Ryssdal Jun 12, 2012
The CEO of JPMorgan Chase will have to explain the $2 billion loss from a few weeks ago.
The co-borrower blues
Chris Farrell Jun 11, 2012
I purchased a condo with a good friend approximately 5 years ago. We co-signed the mortgage and have had a great experience co-owning as friends. I recently got engaged and it's time for me (us) to move on. I'm having a difficult time finding an alternative to having my name removed from the co-signed mortgage. What options exist for us? Tom, Minneapolis, MN
Why cash may be king -- for now
Chris Farrell Jun 6, 2012
I have $30,000 and want to know where best to put it. Ultimately, I want to put it away for my three boys' futures. I want it to make something, however slowly, without risk. But, 0.4 percent? Is that really the best I can do? Joanna, Hammond, IN
Why a bank run is bad
Paddy Hirsch Jun 1, 2012
A bank run occurs when customers run down to the bank and demand their money back. So, why can't the bank just return the cash? Sr. Producer Paddy Hirsch explains using a human heart analogy.
