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Tea Party Sen. Jim DeMint Wants JPMorgan CEO To 'Guide' Congress On Banking Regulation

Tea party favorite Sen. Jim DeMint (R-SC) on Wednesday asked JPMorgan CEO Jamie Dimon, who recently announced that his company had lost at least $2 billion in the derivative market, to "guide" Congress in creating friendly banking regulations.

By David Edwards
06/13/12 11:30 am
lost $2 billion gambling on derivatives, but only days later, experts said the losses had surged to at least $3 billion.
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