USA - Voice of America: US Bank Executive Apologizes for Loss

USA - Voice of America usa

US Bank Executive Apologizes for Loss Jun 13th 2012, 17:50 CAPITOL HILL - The head of America's biggest bank has apologized for risky dealings that incurred a $2 billion loss - an unwelcome echo of the 2008 financial crisis that plunged the United States into the deepest recession of the post-World War II era.  JP Morgan Chase executive Jamie Dimon faced questioning from U.S. senators. It was four years ago that a cascading failure of America's biggest financial institutions triggered massive federal bailouts and legislation designed to curb ... Media files: 1CE90E29-7056-4F50-A044-AC4F10219558_cx0_cy7_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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