CNNW Erin Burnett OutFront May 12, 2012
the fallout swept around the world today from americas biggest banks, multibillion dollar loss on risky trades. in washington, senator carl levin held a conference call with reporters about jpmorgans shocking trading losses which could be up to $3 billion and the credit rating agency fitch slapped jp morgan with a drowngrade citing reputational risk. stocks plunged taking other banks down. the boss, americas most well-known banker was taken by surprise. heres jamie dimon one month ago ...
Source: archive.org