Senate Investigates JPMorgan Whale Trades


Ashley Bacon, acting chief risk officer with JPMorgan Chase & Co.,... News PhotoBusiness,Businessman,Corporate Business,Finance,Former,Government,Horizontal,Investment,JP Morgan Chase,Looking,North America,Politics,Senior Management,Stock Market and Exchange,Talking,The Americas,The Media,Trader,Trading,USA,Washington DCPhotographer Collection: Bloomberg 2013 BloombergAshley Bacon, acting chief risk officer with JPMorgan Chase & Co., center, looks on as Ina Drew, former chief investment officer with JPMorgan Chase, speaks during a Senate Permanent Subcommittee on Investigations hearing with Michael Cavanagh, co-chief executive officer of corporate and investment bank with JPMorgan Chase, second from right, and Douglas Braunstein, vice chairman of JPMorgan Chase, right, in Washington, D.C., U.S., on Friday, March 15, 2013. JPMorgan Chase, the biggest U.S. bank by assets, compensated chief investment office traders in a way that encouraged risk-taking before the unit amassed losses exceeding $6.2 billion, a Senate committee said. Photographer: Andrew Harrer/Bloomberg via Getty Images