Auditors of JPMorgan Should be Testifying Before CongressVW Staff
It's Wednesday and it means Mr. Dimon goes to Washington.
JPMorgan Chase & Co. (NYSE:JPM)'s CEO is expected to apologize about the bank's mistakes to the Senate Banking Committee, blaming overconfidence, poor judgment and weak risk controls--just to name a few.
Other fingers have pointed at the bank's internal controls for the trading losses and interestingly enough this . . .
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