Senate Republicans Ask JP Morgan CEO For Marching Orders: ‘What Do You Think We Need To Do?’

Senate Republicans Ask JP Morgan CEO For Marching Orders: ‘What Do You Think We Need To Do?’: JP Morgan Chase CEO Jamie Dimon appeared before the Senate Banking Committee today to discuss the bungled trade that has cost his bank billions and reignited interest in the Volcker Rule, which is meant to rein in risky bank trading. During the course of the questioning, Dimon denied that he had called new bank capital [...]/p