JPMorgan Chase CEO Gets Warm Hill Welcome From Senators Flooded With Millions in Wall St. Donations

Protesters confronted JPMorgan Chase CEO Jamie Dimon on Wednesday as he testified on Capitol Hill about how his bank lost up to $3 billion in risky bets. Lawmakers however gave a warmer greeting to the man described as Washington's favorite banker. JPMorgan spent $7.6 million on lobbying last year and Dimon has a long record of contributing campaign donations to lawmakers on the Senate Banking Committee. We speak to former investment banker Nomi Prins, ... Full Story »

Posted by Dwight Rousu
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Posted by: Posted by Dwight Rousu - Jun 14, 2012 - 2:06 PM PDT
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Edited by: Dwight Rousu - Jun 14, 2012 - 2:08 PM PDT

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