JPMorgan CEO explains $3B loss to Congress

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JPMorgan CEO explains $3B loss to Congress

by CBSTV Videos 1:26 mins

JPMorgan CEO explains $3B loss to Congress

by CBSTV Videos 1:26 mins

JPMorgan Chase CEO Jamie Dimon was questioned on Capitol Hill about $3 billion - and counting - in losses from a series of risky bets made by the very unit tasked with managing risk. Congressional correspondent Nancy Cordes reports.

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