JPMorgan Chase CEO Gets Warm Hill Welcome From Senators Flooded With Millions in Wall St. Donations

Democracy Now by Juan Gonzalez, Amy Goodman | Jun. 14, 2012 (News Report)

Protesters confronted JPMorgan Chase CEO Jamie Dimon on Wednesday as he testified on Capitol Hill about how his bank lost up to $3 billion in risky bets. Lawmakers however gave a warmer greeting to the man described as Washington's favorite banker. JPMorgan spent $7.6 million on lobbying last year and Dimon has a long record of contributing campaign donations to lawmakers on the Senate Banking Committee. We speak to former investment banker Nomi Prins, ... Full Story »

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Subjects: U.S., Politics, Business
Topics: U.S. Congress, Money and Politics, Corruption
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Posted by: Posted by Dwight Rousu - Jun 14, 2012 - 2:06 PM PDT
Reviewed by: Dwight Rousu (review)
Content Type: Article
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Edited by: Dwight Rousu - Jun 14, 2012 - 2:08 PM PDT

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 by Dwight Rousu - Jun. 14, 2012
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