derivatives

Money Matters
5:00 am
Tue May 15, 2012

Lessons learned from JPMorgan Chase's unexpected loss

The Chase Bank branch at New York City's Chrysler building
Michael Daddino flickr.com

JPMorgan Chase is the largest banking corporation in America. It stood out as a beacon of stability during the recent U.S. financial meltdown. But not anymore.

The bank shocked Wall Street last week with a $2 billion loss. More losses may be on the way.

On this week's Money Matters, financial commentator Greg Heberlein and KPLU's Dave Meyer look at some of the lessons to be learned from this surprising development.

Read more