Hot Remarks From JPMorgan's Earnings Call

The investment bank's $2 Billion "Bad Bet" has blossomed to a staggering $5 Billion as it unwinds, and industry observers predict it could continue to grow. In a dramatic quarterly earning report, JP Morgan CEO Jamie Dimon got a grilling from financial reporters compared to his appearance before Congress last month. Here are some of the most dramatic quotes from this morning's conference call.
July 13, 2012


7. No, Jamie, We're Sorry.

The CIO was a mistake. Sorry.

-- Jamie Dimon

Source: Huffington Post

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