1. Dimon's future questioned as JPMorgan posts first loss of his tenure

    Dimon's future questioned as JPMorgan posts first loss of his tenure

    JPMorgan Chase's first quarterly loss in nine years had Chief Executive Jamie Dimon looking a bit more vulnerable Friday after the bank took a $7.2 billion hit from penalties, expected future litigation and other legal matters...

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    1. There is some overlap in concern, but the decision-making outcome is often different.
    2. The Board continues to seek a fair and reasonable settlement with the government on mortgage-related issues — and one that recognizes the extraordinary circumstances of the Bear Stearns and Washington Mutual transactions, which were undertaken at the request or encouragement of the U.S. Government.
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