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FOXNEWSW FOX And Friends First May 15, 2012



loss of $2 billion with a capit capital b. jamie dimon appears to be safe in his job. he ak mojed management mistakes did occur. he does not believe the company die vat violated any laws. they are stirring up the debate over the reform legislation signed the president in 2010. many republicans want to rollback or some of the law including the trading rules claiming they are burdensome and will limit lending in a weak economy. the democrats would like to tighten up the regulations and do more. jamie dimon says the company was sloppy, stupid and used bad management. they fought against any regulations is stating regulators should look into this it s their job. meantime president obama during his trip to new york monday taped an interview with the view. he was asked what he thought about the jp morgan station. jp morgan is one of the best managed banks there is. jamie dimon the head of it is one of the smartest we have got and they lost 2 billion and counting becau ....

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