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Bill Daley on JPMorgan & DOJ's Probe

Tuesday, 15 May 2012 | 4:33 PM ET

Former White House Chief of Staff Bill Daley shares his take on JPMorgan's trading loss and the DOJ's announcement it intends to investigate the company. "I think Jamie [Dimon] has done a great job, and I don't think we should trivialize the complexity and the seriousness of the banking business," he says.