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(AP Photo/Mark Lennihan, File) JP Morgan Chase CEO Jamie Dimon, whose reputation as an astute manger of risk has so far been only dented by the trading losses, comes under much harsher criticism from the Senate investigators.
Senate probe finds JPMorgan hid trading risks
Report » Panel labels actions by CEO, others as emblematic of a runaway train.
First Published Mar 14 2013 07:41 pm • Last Updated Mar 15 2013 09:55 am

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At a glance

Desperate appeal

Information from an internal bank memo obtained by Senate investigators:

“I am going to be hauled over the coals. You don’t lose 500 million without consequences.”

— March 23, 2012, instant message from London-based bank trader Bruno Iksil after a day of heavy trading losses.

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