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Lincoln: Law hit at losses like JPMorgan’s

Slow regulators to blame for billions swallowed in derivatives trading, she says

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Photographs by DANNY JOHNSTON / AP

By Alex Daniels

WASHINGTON — On June 13, JPMorgan Chase & Co.’s chief executive, Jamie Dimon, plans to appear in front of the Senate Banking Committee to explain how two years after lawmakers passed legislation designed to curb speculative trading, his company lost at least $2 billion in derivatives trades that went sour.

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  • Headline: Lincoln: Law hit at losses like JPMorgan’s
  • Publication: Front Section, Pages 1 on 06/04/2012
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