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Video: JPMorgan CEO explains $3B loss to Congress
By:
More from Markets - CBS News
Posted on June 13, 2012 at 19:38 PM EDT
JPMorgan Chase CEO Jamie Dimon was questioned on Capitol Hill about $3 billion - and counting - in losses from a series of risky bets made by the very unit tasked with managing risk. Congressional correspondent Nancy Cordes reports.
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