Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

JP Morgan CEO Jamie Dimon: We Screwed Up

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Merrill Knox
Mediabistro
May 12, 2012

The business networks have been in overdrive after J.P. Morgan revealed a $2 billion loss at a London trading unit yesterday. During a live special report last night on Fox Business,Charlie Gasparino reported he talked to CEO Jamie Dimon after the news broke.

“I find him to be refreshingly frank, and that’s essentially what he was,” Gasparino said of the conversation. “He said, ‘listen, we screwed up.’” Watch:


FBN also preempted “Imus in the Morning” today for a special report on the J.P. Morgan news.

Dimon acknowledged on a conference call yesterday that the losses were “somewhat related” to a single London-based trader nicknamed “the London whale,” who was making large bets on credit derivatives. Bloomberg TV’s Stephanie Ruhle broke that story in April.

 

This article was posted: Saturday, May 12, 2012 at 3:59 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
NSA Uses Secret Search Engine to Look Up Your Info See the rest on the Alex Jones YouTube channel.

MSM Buries CDC Scientist’s Confession About Vaccines & Autism Link See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.