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Banks / JPMorgan #1046184

CBS Evening News for Friday, Mar 15, 2013
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(Studio: Scott Pelley) The multi-billion dollar trading loss for JP Morgan Chase bank in 2012 recalled.

(Studio: Anthony Mason) The investigation into the trading blunder by the nation’s largest bank examined; details given about the role of former chief investment officer Ina Drew††; remarks from trader Bruno Iksil† {aka “London Whale”} quoted. [DREW††- blames the London unit for deceiving her.] [Senator Carl LEVIN†- questions Drew.] [Greencrest Capital Max WOLFF††- says it looks like there was a willful effort to conceal the size and slow the reporting.]

Reporter(s):
Pelley, Scott;
Mason, Anthony
Duration:
00:02:50

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