Bloomberg News

Dimon's Role at NY Fed Under Scrutiny

May 15, 2012

Bloomberg's Peter Cook reports that the $2 billion trading loss at JPMorgan Chase & Co. has revived concern that its regulator, the Federal Reserve Bank of New York, is too cozy with Wall Street. JPMorgan Chief Executive Officer Jamie Dimon is one of three bankers sitting on the board of the New York Fed, as required by law. He speaks on Bloomberg Television's "Inside Track." (Source: Bloomberg)

Running Time: 02:11

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