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Dimon: Timing of JPMorgan mistakes 'unfortunate and inopportune'

By Erik Wasson - 05/13/12 03:07 PM ET

Jamie Dimon, the CEO of JPMorgan Chase said on Sunday's “Meet the Press” that his bank's massive $2 billion lost bet, which was revealed last week, has given financial regulators more ammunition to tighten banking rules.

“Yes, absolutely,” he said. “This is a very unfortunate and inopportune time to have this kind of mistake.”

Click here to read more on The Hill's On the Money blog.


Source:
http://thehill.com/video/in-the-news/227069-dimon-timing-of-jpmorgan-mistakes-unfortunate-and-inopportune

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