April Dimon News Today : Breaking News, Live Updates & Top Stories | Vimarsana

with scott pelley. t >> pelley: good evening. the lessons of the great recession didn't last long. tonight, the nation's largest bank and one of the nation's biggest energy companies are both reeling-- reckless investments in one case, questionable management in the other. j.p. morgan chase said yesterday tsat it lost at least $2 billion in investments it called stoegious." today, j.p. morgan lost $14 billion in stock value. chesapeake energy lost as billion of its stock value buday in 46 minutes as questions mount about its business practices. we have two reports. first, anthony m...

>> one month ago jamie dimon gave a reassurance that this was "a tempest in a teapot" when it came to the company's investments. here one one month later and there's a $2 billion loss on their books. >> reporter: the risky bets were placed out of the bank's london office by a trader named bruno ixill, nicknamed the london whale but he was not a rogue and critics say that raises serious questions about risk management at america's biggest bank. michael houston is an analyst with the london investment firm c.m.c. markets. >> the "too big to fail" culture really is still there and there...