Mendon's Schutz Says JPM Hearing `Political Theatre' (Audio)

Anton Schutz, president of Mendon Capital Management, discusses the U.S. Senate hearing on whether JPMorgan Chase & Co. (JPM) misled investors when it discussed a portfolio of credit derivatives at its chief investment office that eventually posted more than $6.2 billion in losses. Schutz talks with Bloomberg's Pimm Fox on Bloomberg Radio's "Taking Stock."

(Source: Bloomberg)

Running time 07:49

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