JPMorgan Said to Face Escalating Senate Probe

Sept. 6 (Bloomberg) -- JPMorgan Chase & Co.’s wrong-way bets on derivatives are the focus of an escalating probe by a U.S. Senate panel led by Carl Levin that has grilled executives from banks including Goldman Sachs Group Inc. and HSBC Holdings Plc, three people briefed on the inquiry said. Stephanie Ruhle reports Bloomberg Television's "Lunch Money." (Source: Bloomberg)

Exchange Income CEO Fights Back Against Short Seller
30:02 - Exchange Income released its second-quarter results three weeks in advance in order to dispel some of the negative sentiment after short-seller Marc Cohodes targets the company. Double-digit earnings and revenue growth, however, weren’t enough to soothe investors. CEO Mike Pyle joins Bloomberg TV Canada's Lily Jamali to defend his company from short sellers' claims. (Source: Bloomberg)
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