Bloomberg News

Obama: Trading Loss Shows Need for Regulation

May 15, 2012

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. Hans Nichols, Craig Torees and Peter Cook report on Bloomberg Television's "InBusiness." (Source: Bloomberg)

Running Time: 04:04


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