Bloomberg News

Dimon Says ‘The Buck Stops With Me’ on JPMorgan Trading Loss

June 13, 2012

Jamie Dimon, the chairman and chief executive officer of JPMorgan Chase & Co., said he deserves to be blamed for a $2 billion trading loss at the bank’s chief investment office.

“I’m absolutely responsible,” Dimon told the Senate Banking Committee today. “The buck stops with me.”

To contact the reporter on this story: Dawn Kopecki in Washginton at;

To contact the editors responsible for this story: Maura Reynolds at; David Scheer at

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