Tuesday, May 15, 2012

Tuesday, May 15, 2012 12:57:21 PM

Justice Dept. launches criminal probe into JPMorgan's $2B trading loss

The Justice Department has initiated a criminal probe into the $2 billion trading loss at JPMorgan Chase, according to a law enforcement source familiar with the situation.

The news came as Jamie Dimon, the embattled chief executive of JPMorgan Chase, faced questions from shareholders Tuesday.

Read more at:
http://www.washingtonpost.com/business/economy/justice-dept-launches-criminal-probe-into-jpmorgans-2b-trading-loss/2012/05/15/gIQAFF7URU_story.html

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