JPMorgan's CEO Calls Losses 'Indefensible' | WAMU 88.5 - American University Radio

JPMorgan's CEO Calls Losses 'Indefensible'

The chief executive of JPMorgan Chase, Jamie Dimon, was on Capitol Hill Wednesday, where he tried to explain his company's recent multibillion-dollar trading losses. Dimon told the Senate Banking Committee that the losses were indefensible. He also said the company may try to recover some of the compensation paid to the traders who were responsible.
WAMU 88.5

D.C. Nonprofit Commemorates 100th Anniversary Of 'Flanders Fields'

A local non-profit is marking the 100th anniversary of a famous war poem with an event and the launch of a new fund for veterans.

NPR

McDonald's CEO Promises 'Modern, Progressive Burger Company'

"The reality is, our recent performance has been poor," McDonald's President and CEO Steve Easterbrook said in a video released Monday.
WAMU 88.5

Virginia Privacy Advocates See Win On Drones, Loss On License Plate Readers

Police in Virginia will have to get a warrant before using a drone in a criminal case, a victory for privacy advocates, but a measure to limit data collection from license plate readers was shot down.

NPR

The Promise And Potential Pitfalls Of Apple's ResearchKit

Apple's new mobile software platform is designed to help collect data for medical research, but concerns have been raised about privacy and informed consent.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.