Dimon Part Deux
JPMorgan Chase CEO Jamie Dimon returns to Capitol Hill, this time to get grilled by both Democrats and Republicans from the House Committee on Financial Services. @morningmoneyben, @vgmac, @moorehn, @clusterstock, @ABWashBureau and others comment in the Twittersphere.
Live blog: Jamie Dimon back on Capitol Hill - The Buzz - Investment and Stock Market NewsJPMorgan Chase CEO Jamie Dimon returns to Capitol Hill, this time to get grilled by both Democrats and Republicans from the House Committ...
Chuck Schumer passes out the campaign hat to Wall Street. No wonder he was so docile with Jamie Dimon last week. politi.co/Li9gJE
Will someone tell me when CSPAN is back up? In meantime, webcast here: bit.ly/oMaTMw
Derivatives are already a much bigger focus of today's hearing than it was last week. See my hearing preview: americanbanker.com/issues/177_116…
Dimon 2: Electric Boogaloo. If last week wasn't enough, @hibahyousuf live blogs House $JPM hearng. Regulators up now. bit.ly/Lz4xBM- Never let a good crisis go to waste. RT @morningmoneyben Gensler focused on making sure swaps reforms cover overseas branches of US banks.
- 10:18 am: via CNNMoney: The OCC's Curry says the events at JPMorgan do not threaten the broader financial system. Under current market conditions, JPMorgan's effort to manage its position is not creating an unusual risk of contagion to other banks. Examiners have reported that there is no activity similar to the scale or complexity of JPMorgan's at other banks.
