Following the recent large losses over at JPM, the Senate banking committee is asking the CEO to testify over the matter. The concerns are of course why it happened and the systemic effect such a event either this or in the future could have.
http://www.reuters.com/article/2012/05/17/us-jpmorgan-congress-idUSBRE84G17H20120517
Thoughts?
http://www.reuters.com/article/2012/05/17/us-jpmorgan-congress-idUSBRE84G17H20120517
Thoughts?