Trading Losses At JPMorgan (JPM) Nearly Suffocated Jamie Dimon - Literally

May 18, 2012 10:04 AM EDT
When Jamie Dimon, the CEO of JPMorgan (NYSE: JPM), first saw the reports about the trading losses involving the 'London Whale' he couldn't breathe, reports the Wall Street Journal.

He first learned about the trading losses in a conference on April 30th. Later that night he confided in his wife that he had "missed something bad" and he expressed concern to her and to others that he let the firm down.

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