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(Studio: Brian Williams) Report introduced.
(Capitol: Kelly O’Donnell) The questioning by the Senate banking committee of JPMorgan Chase CEO Jamie Dimon about his bank’s trading losses last month reviewed; scenes shown of protestors jeering Dimon. [At hearing, DIMON – accepts responsibility for the mistake; says we have to allow our big institutions to fail.] [Senators Richard SHELBY, Jeff MERKLEY, Charles SCHUMER- question Dimon.] [“Too Big to Fail” author Andrew Ross SORKIN- says the question is what happens now to reform.] [In CNBC interview, DIMON – says he won’t tell what the loss is.]
- Williams, Brian;
- O’Donnell, Kelly
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