JP Morgan Chase survived the financial crisis with its reputation in tact as the best managed bank on Wall Street. CEO Jamie Dimon has been a voice against increased regulation. Now the loss of $2 billion on risky trading has tarnished the bank and raised questions about Dimon himself. Should JP Morgan-Chase and others be reigned in before taxpayers get left on the hook? We hear from Elizabeth Warren, who chaired the Congressional Oversight Panel that oversaw TARP and is now a Democratic candidate for the US Senate in Massachusetts, and from Romney campaign advisor Vin Weber.
JP Morgan's Long Shadow: Big Banks and Presidential Politics
Credits
Guests:
Elizabeth Warren - Democratic candidate for US Senate -
@elizabethforMA,
Vin Weber - Mercury/Clark & Weinstock,
Dawn Kopecki - Bloomberg News,
Matt Taibbi - Contributing Editor, Rolling Stone -
@mtaibbi,
Richard Bove - Rochdale Securities -
@DickBoveSays
Host:
Warren Olney
Producers:
Anna Scott,
Christian Bordal,
Andrea Brody