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JPMorgan CEO Confronted by Protesters at Senate Hearing

HeadlineJun 14, 2012

JPMorgan Chase CEO Jamie Dimon appeared before lawmakers on Wednesday for the first time since his bank lost $3 billion in a risky speculative bet. Dimon apologized for the loss but failed to explain how it occurred. He was repeatedly confronted by protesters over the course of the hearing.

Protester: “This man is a criminal, and people need to shout out about this man and 18 other cronies that have been stealing near-zero-interest loans from the people, when the small businesses can’t get the same loans, when the people are deprived loans to get into their — to keep their houses, when people are being thrown out on the streets. ”

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