Profit

Heads roll at JPMorgan after $2bn trading loss; Dow falls to lowest levels since January

PUBLISHED ON: May 14, 2012 | Duration: 24 min, 22 sec

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Dow falls to the lowest levels since January after the crisis in Greece, into its second week, hits sentiment. Greece seems to be heading towards an exit from the Eurozone. The Chief Investment Officer of JPMorgan quits after the $2 billion trading loss. Yahoo CEO Scott Thompson, whose academic credentials came into question, stepped down after four months on the job, the board of the company is being revamped.
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