Protesters challenge JPMorgan Chase CEO

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Protesters challenge JPMorgan Chase CEO Jun 14th 2012, 00:04 JPMorgan Chase & Co. CEO Jamie Dimon went before Congress to explain how the bank, the largest in the United States, lost $2 billion on risky trades and whether it failed to properly manage risk. We're taking a closer look at this story from the Current community. Check it out and add your two cents: PROTESTERS CHALLENGE JP MORGAN CHASE CEO: 'FACE THE PEOPLE YOU FORECLOSED ON' Submitted by letsliveinpeace Before the hearing could even formally begin, protesters yelled at President and CEO of JPMorgan Chase Co. Jamie Dimon as he appeared before a Senate Banking Committee hearing. Dimon sat emotionless while the protests occurred. The committee is hearing testimony from Dimon on how JPMorgan Chase lost over's two billion dollars in stock market trades.  One man initially yelled, "Why don't you face the people you foreclosed on?" Protesters disrupted the start of proceedings, with one man shouting, "Jamie Dimon is a crook." Others chanted, "Stop foreclosures now," before being escorted out of the hearing room. For a closer look at the hearing, read: JPMorgan Chase's Dimon on the Congressional hot seat The community responds:  dubscorleone: "He doesn't have the heart to do that, he doesn't care as long as it's not him and his family...heartless, arrogant, ass" mrpuma2u: "Dimon sat emotionless" A CEO without emotion or compassion? Tell me it ain't so! This elitist reptile doesn't want to face the "little people" he made homeless. If he can continue to depersonalize them they just stay numbers on a spread sheet, not lives torn apart by greed and reckless investing that his bank made." artemis6L: "THIS is what we must do. make them face heir evil selves. and the evil they do . Wisconsin played by their rules. That is why they LOST! We must be relentless." cherry5000:"kudos to the protestors!!!" For more on JPMorgan, check out coverage from our shows: 'TYT' Trending Topic: JPMorgan loses big money, but not President Obama's support  JPMorgan's Jamie Dimon  says we shouldn't blame the industry for a few bad banksters, but he's the one running bad bets Eliot Spitzer says JPMorgan's risky bets were not hedges, underscoring need for clear Volcker Rule 'It defies logic': Eliot Spitzer marvels at CEO Jamie Dimon's status as chairman of JPMorgan board Join the discussion -- or head over to the Community page for more popular stories from the community. (Photo: Getty Images) Source

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