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Heads Roll At JP Morgan After $2 Billion Loss05:48

This article is more than 8 years old.

One executive is out and more are expected to pack up after J.P. Morgan's $2 billion loss. Ina Drew, the head of the unit responsible for the trading blunder, retired Monday.

J.P. Morgan's CEO Jamie Dimon faces shareholders at the company's annual meeting Tuesday. Dimon is criticized for not acting sooner to stem the losses.


  • Brad Keoun, Bloomberg News reporter

This segment aired on May 14, 2012.

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