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Protesters heckle JPMorgan Chase executive Jamie Dimon

Wednesday, June 13, 2012 - 01:09

June 13 - Protesters heckle JPMorgan Chase Chief Executive Jamie Dimon before he testifies at a Senate Banking Committee hearing. Rough Cut (no reporter narration).

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ROUGH CUT (NO REPORTER NARRATION) STORY: JPMorgan Chase & Co Chief Executive Jamie Dimon's highly anticipated appearance before lawmakers on Wednesday got off to a rocky start with multiple protesters disrupting the event. Dimon was called to testify before the Senate Banking Committee to answer why a seemingly low-risk unit of the nation's largest bank by assets has amassed at least $2 billion in trading losses. In prepared testimony, Dimon said the loss occurred because poorly managed traders embarked in January on a misguided hedging strategy they did not fully understand. Dimon also said that the trading loss is an isolated incident and that the bank is in solid shape.

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Protesters heckle JPMorgan Chase executive Jamie Dimon

Wednesday, June 13, 2012 - 01:09