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May 14th, 2012
01:18 PM ET

JP Morgan Chase loss

JP Morgan Chase announces a $2 billion loss this quarter. CNN's Mary Snow examines.

RELATED: Crowley: JP Morgan shakes up Wall Street and Capitol Hill


Filed under: Mary Snow • Situation Room
soundoff (3 Responses)
  1. John

    It`s easy to figure out why the congress is doing an investigation along with Holders justice dept and the FBI. It`s unnatural for a Democrat CEO to take responsibility for a mistake that cost money. And most importantly it wasn`t the taxpayers money.

    May 17, 2012 at 4:22 am |
  2. Manning El Paso, TX

    The bank enjoy gambling depositors money what hell they got nothing to lose, the government should punish the bank by making into smaller little banks or selling off to other banks, Chase should not be think it so big the government can not touch it.

    May 14, 2012 at 5:03 pm |
  3. Jim Thomas

    The CEO on down should be fired with no benefits period.How many millions a year does it take to make them aware of what is happening in their banks or companies?Way to much golf and vacation time.Jim Thomas Phx.Az.

    May 14, 2012 at 3:45 pm |

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