Episode 408 • • 2:06:35 - 2:09:16
408: Odious Debt
Jamie Dimon, JPMorgan Chase Trading Losses and Meet the Press
JPMorgan Chase CEO Jamie Dimon announced a $2 billion trading loss shortly after filming an interview with "Meet the Press." The timing suggests that Dimon may have been caught off guard by the scale of the loss or was attempting to manage the narrative before the official earnings call. The incident has renewed calls for stricter financial regulations, including the Volcker Rule.