Daily Archives: June 19, 2012

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Video: Dimon’s Own Words on JPMorgan Trading Loss, Europe

June 19, 2012 in Business and Finance by Business

June 19 (Bloomberg) -- Jamie Dimon, chief executive officer of JP Morgan Chase & Co., offers his views on the bank's trading loss of at least $2 billion. Dimon, testifying before the House Financial Services Committee in Washington, told lawmakers that JPMorgan's decision to change how it measures trading worsened rather than triggered the loss. Representatives Judy Biggert, an Illinois Republican, and Democrats Barney Frank of Massachusetts and Brad Sherman and Maxine Waters of California also speak. (Excerpts. Source: Bloomberg)
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Video: Fed Receiving `Great Cue’ From Markets, Manley Says

June 19, 2012 in Business and Finance by Business

June 19 (Bloomberg) -- John Manley, chief equity strategist at Wells Fargo Advantage Funds, talks about the impact of financial markets on Federal Reserve policy, the outlook for tomorrow's meeting of the policy-setting Federal Open Markets Committee and the outlook for U.S. stocks. He speaks with Trish Regan and Adam Johnson on Bloomberg Television's "Street Smart." (Source: Bloomberg)
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Video: Rep. Schweikert on JPMorgan’s Dimon Hearing

June 19, 2012 in Business and Finance by Business

June 19 (Bloomberg) -- U.S. Representative David Schweikert, an Arizona Republican and member of the House Financial Services Committee, talks about JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon's testimony before the panel today about the bank's $2 billion trading loss. He talks with Peter Cook on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
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Video: Rep. Schweikert on JPMorgan’s Dimon Hearing

June 19, 2012 in Business and Finance by Business

June 19 (Bloomberg) -- U.S. Representative David Schweikert, an Arizona Republican and member of the House Financial Services Committee, talks about JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon's testimony before the panel today about the bank's $2 billion trading loss. He talks with Peter Cook on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
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Video: Levanon Says Investors Weary Over Europe

June 19, 2012 in Business and Finance by Business

June 19 (Bloomberg) -- Ester Levanon, chief executive officer of the Tel Aviv Stock Exchange, talks about the European debt crisis and investor sentiment. Levanon speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
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Video: U.S. Housing to Begin Recovery in 2013, Sharga Says

June 19, 2012 in Business and Finance by Business

June 19 (Bloomberg) -- Rick Sharga, executive vice president at Carrington Mortgage Holdings, talks about the state of the U.S. housing market. He speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
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Video: Scientists Discover Virus to Power Smartphones

June 19, 2012 in Science & Technology by Science

Scientists in the US have discovered a virus that may someday power your smartphone. (June 19)
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Video: Levitt on Dimon Testimony, Banking Regulations

June 19, 2012 in Business and Finance by Business

June 19 (Bloomberg) -- Arthur Levitt, former chairman of the U.S. Securities and Exchange Commission, talks about JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon's testimony before the Senate Banking Committee today. Levitt, speaking with Stephanie Ruhle and Erik Schatzker on Bloomberg Television's "Market Movers," also discusses regulations and the outlook for the banking industry. (Source: Bloomberg)
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Video: Goldman Calls for Unconventional Policy at Fed, ECB

June 19, 2012 in Business and Finance by Business

June 19 (Bloomberg) -- Goldman Sachs Asset Management Chairman Jim O'Neill talks about the outlook for monetary policy at the European Central Bank and Federal Reserve. He also discusses the Chinese economy with Manus Cranny on Bloomberg Television's "Last Word." (Source: Bloomberg)
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Video: Omega’s Cooperman Says JPMorgan Took `Prudent? Risk

June 19, 2012 in Business and Finance by Business

June 19 (Bloomberg) -- Leon Cooperman, chief executive officer of hedge fund Omega Advisors Inc., talks about JPMorgan Chase & Co.'s $2 billion trading loss and the performance of Chief Executive Officer Jamie Dimon. Cooperman, a JPMorgan shareholder, speaks with Stephanie Ruhle on Bloomberg Television's "Market Makers." (Source: Bloomberg)
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