JPMorgan Chief Faces Shareholders After $2 Billion Loss
JPMorgan Chase CEO Jamie Dimon faced questions at the annual meeting in Tampa amid a $2 billion trading loss from a bad credit derivatives bet. Shareholders, while wary, largely backed Dimon’s leadership, noting his past success and the bank’s overall strength with 19 billion in profit last year.
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Jpmorgan Chase
Jamie Dimon
Dimon
Jpmorgan
Tampa
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Michael Holland
Money Manager
Holland & Co
Elizabeth Warren
Consumer Financial Protection Bureau
E2 Senate
Massachusetts
Wallace
Bank One
Steve Shafer
Covenant Global Investors
Oklahoma City
United States
Obama attacks Romney record on jobs in new campaign push
Obama frames Romney as a job destroyer tied to Bain Capital while Romney counters with claims of creating more jobs than Obama. The campaign cites a Kansas City plant restructuring, layoffs, and pension cuts, as Obama vp Biden visits Ohio to attack Romney. Global markets and Greece add pressure ahead of Iowa speech on deficit.
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Washington
Barack Obama
Mitt Romney
America
Obama
Kansas City
Romney
Jack Cobb
John Wiseman
Bair Capital
Massachusetts
Barnard College
New York
Wall Street
Financial World
Joe Biden
Ohio
Bain
Iowa
Jpmorgan Chase
Greece
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