Detailed text transcripts for TV channel - FOXNEWS - 20120515:16:00:00
Jon: fox news alert. the u.s. justice department just announcing an investigation into investment firm jp morgan. the company already being investigated by the securities and exchange commission after posting a staggering loss of money. this all comes as chief jaime dimon now faces tough questions from shareholders in tampa. the stock price dove after revelations that the company made bad trades that led to the loss of billions of dollars. now new reports coming to light sewing some of the bank's senior staff reportedly expressed concern over risky trades which led to the loss. the daughter of...
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