JP Morgan Chase admits mistakes in $2B blunder

JP Morgan Chase admits mistakes in $2B blunder

May 11, 2012 4:48 PM

JP Morgan Chase is admitting to mistakes that caused the banking giant to lose $2 billion and sent its stock price plummeting. Now, the SEC wants to know if laws were broken. Anthony Mason reports.

JPMorgan's $2B trading loss puts spotlight on risky practices, Volcker rule
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