CNN Erin Burnett OutFront June 13, 2012
>> he couldn't justify it. it was too risky. it's almost like he's talking about a physical object. but this was a trade. a trade gone terribly bad. dimon said he didn't know how bad the trades were until late april. but you know what's amazing about this? major financial media knew well before jamie dime on. on friday, april 6th, the "wall street journal" reported on a trade so big the entire debt market was affected. and the next monday, this aired on bloomberg television. >> now for the biggest story on wall street. in a world where the volcker rule is supposed to stop banks from ...