JP Morgan Loses $2 Billion

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Since the financial crisis began, the CEO of JP Morgan Chase has been called "The King of Wall Street." But yesterday, Jamie Dimon made a public mea culpa over the unexpected loss of more than $2 billion, which he called an "egregious" mistake. Kevin Roose reports about Wall Street for the New York Times.

Credits

Guest:
Kevin Roose - New York Times and New York Times Magazine - @kevinroose

Host:
Warren Olney