White House: JP Morgan loss shows law needed
http://dervishcom.blogspot.com/2012/05/white-house-jp-morgan-loss-shows-law.html
The spectacular $2 billion loss by JP Morgan shows why President Obama's overhaul of financial regulations was needed, the White House says. 
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Source: http://content.usatoday.com/communities/theoval/post/2012/05/white-house-jp-morgan-/1?csp=34news
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15 May, 2012
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Source: http://content.usatoday.com/communities/theoval/post/2012/05/white-house-jp-morgan-/1?csp=34news
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