Jamie Dimon, The Man Behind JPMorgan's Multi-billion Dollar Loss15:40
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Jamie Dimon, CEO of JPMorgan Chase & Co. (AP)
Jamie Dimon, CEO of JPMorgan Chase & Co. (AP)

Jamie Dimon, the head of JPMorgan Chase was once described as the country's "least hated banker," and called "the Obama administration's favorite banker" by The New York Times.

But Dimon ended up opposing financial markets regulation. Now his bank is bleeding money because of bad trading, and giving new life to arguments in favor of regulation.

Guest:

  • Peter Coy, economics editor for Bloomberg Businessweek

This segment aired on May 17, 2012.

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