Jamie Dimon http://kunc.org en JPMorgan Execs Who Bungled Billions May Have To Return Bonuses, Stock http://kunc.org/post/jpmorgan-execs-who-bungled-billions-may-have-return-bonuses-stock Along with saying, again, that his bank "<a href="http://www.npr.org/blogs/thetwo-way/2012/06/12/154880688/dimon-will-tell-congress-jpmorgan-let-people-down-with-trading-loss" target="_blank">let a lot of people down</a>" when it lost more than $2 billion, JPMorgan Chase CEO Jamie Dimon added this prediction during his testimony before the Senate Banking Committee this morning:<p>"It's likely that <a href="http://www.npr.org/templates/story/story.php?storyId=154916686" target="_blank">there will be clawbacks</a>."<p>Translation: The bank will move to recover stocks and bonuses paid to the exec Wed, 13 Jun 2012 16:49:00 +0000 Mark Memmott 28816 at http://kunc.org JPMorgan Execs Who Bungled Billions May Have To Return Bonuses, Stock Dimon Will Tell Congress JPMorgan 'Let People Down' With Trading Loss http://kunc.org/post/dimon-will-tell-congress-jpmorgan-let-people-down-trading-loss "This portfolio morphed into something that, rather than protect the firm, created new and potentially larger risks. As a result, we have let a lot of people down, and we are sorry for it."<p>That's part of JPMorgan Chase President and CEO Jamie Dimon will tell the Senate's Committee on Banking, Housing and Urban Affairs tomorrow, when it looks into the botched trades that lost the bank $2 billion. Tue, 12 Jun 2012 23:05:00 +0000 28783 at http://kunc.org Dimon Will Tell Congress JPMorgan 'Let People Down' With Trading Loss JPMorgan Knew Of Risks, 'WSJ' Reports http://kunc.org/post/jpmorgan-knew-risks-wsj-reports "Some top <a href="http://www.npr.org/templates/archives/archive.php?thingId=152656740" target="_blank">JPMorgan Chase</a> executives and directors were alerted to risky practices by a team of London-based traders two years before that group's botched bets cost the bank more than $2 billion," <a href="http://online.wsj.com/article/SB10001424052702303768104577460792166155830.html" target="_blank"><em>The Wall Street Journal</em> is reporting</a>.<p>The <em>Journal</em> says it reached that conclusion after "interviews with more than a dozen current and former members of the bank's Chief Investm Tue, 12 Jun 2012 12:48:00 +0000 Mark Memmott 28744 at http://kunc.org