KPIX CBS Evening News With Scott Pelley May 11, 2012
this is the "cbs evening news" with scott pelley. >> pelley: good evening. we're beginning tonight with breaking news that will rattle the struggling financial markets. j.p. morgan chase, america's biggest bank, just admitted it has suffered massive trading losses that cost the company $2 billion. the head of the bank says it is the result of "sloppiness and bad judgment." senior business correspondent anthony mason has been talking to his sources and, anthony, what are you hearing? >> reporter: scott, the c.e.o. of j.p. morgan chase, jamie dimon, held a surprise conference call this...
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