Risky Bank Investments and The U.S. Economy | WAMU 88.5 - American University Radio

WAMU 88.5 : The Diane Rehm Show

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Risky Bank Investments and The U.S. Economy

JP Morgan Chase’s chief technology officer, Ina Drew, retired this morning following last week’s disclosure that recent trading losses would cost the bank at least $2.3 billion. The losses, described by CEO James Dimon as “ a terrible egregious mistake”, have reignited debate over what new rules are needed to limit risk at government insured banks. Please join us to discuss managing risk and too big to fail banks.

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