Inside Story Americas - Can US banks be trusted to self-regulate?
- 12 years ago
JPMorgan Chase, the biggest bank in the US, announced losses amounting to $2bn in risky trades over the past six weeks. Several leading politicians in the US Congress are demanding that federal regulators strengthen proposed banking rules and scrutinise trading more closely. Does the JPMorgan case now strengthen the case for more Wall Street regulation? Guests: Mark Calabria, Robert Scheer, Bartlett Naylor.