June 25 (Bloomberg) -- Conventional wisdom has it that
congressional hearings rarely shed new light and devolve quickly
into a stream of sound bites that members can use in their re-election campaigns.
By that measure, Jamie Dimon’s appearances before the
Senate Banking Committee and House Financial Services Committee
-- in which the JPMorgan Chase & Co. chief executive officer had
to explain how his bank lost more than $2 billion on a poorly
executed proprietary trade -- mostly didn’t disappoint.
