Jamie Dimon Heckled at JP Morgan Senate Testimony
JPMorgan Chase chief executive Jamie Dimon was met with noisy protests as he prepared to testify before the Senate Banking Committee on Wednesday.
The head of the nation’s largest bank was in Washington to explain how his bank had lost billions of dollars in a complex trade on corporate debt, which has reignited the debate on oversight of the financial system. The bank’s solvency is not thought to be endangered by the losses.
As soon as Dimon took his seat at the witness table, protesters in the audience stood up and began shouting.
“This man is a crook and needs to go to jail!” yelled one man. “These men are predators on the American taxpayers’ money.”