Mama Knows News: Dimon says JPMorgan was honest with shareholders

Tuesday, June 19, 2012

Dimon says JPMorgan was honest with shareholders

WASHINGTON (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon insisted his bank was upfront with investors about its recent multibillion-dollar trading loss, as regulators examine whether JPMorgan hid a dramatic rise in risk-taking. Dimon, appearing on Capitol Hill on Tuesday for the second time in a week, again apologized for the loss but declined to accept personal responsibility, including the notion that he should offer to have his pay docked. "My compensation is 100 percent up to my board," Dimon told the House Financial Services Committee. ...

Dimon says JPMorgan was honest with shareholders
Tue, 19 Jun 2012 20:30:31 GMT

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Tuesday, June 19, 2012

Dimon says JPMorgan was honest with shareholders

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