banking

3/3/15 Panel

Mar 3, 2015

   The Roundtable Panel: a daily open discussion of issues in the news and beyond.

Today's panelists are WAMC’s Alan Chartock, SUNY at Albany journalism professor and investigative journalist, Rosemary Armao, and political consultant, Libby Post.

Topics include: President Obama and Prime Minister Netanyahu on Iran; Hillary Clinton's personal email use; Ebola nurse sues hospital; Warren Buffett warns banks; and Lewinsky reference in Bill Clinton’s official portrait.

The Consumerist

Bank of America Corp., the biggest bank in Massachusetts, plans to close four more branches in the state in March.

U.S. Senator Scott Brown is urging JPMorgan Chase CEO Jamie Dimon to take back bonuses and incentive pay from those involved in risky trading that led to a $2 billion loss. WAMC’s Lucas Willard reports…

Brown said Wednesday that taking back the bonuses, including any money Dimon might have received, would demonstrate the bank is serious about fixing the mistakes that led up to the loss.

Brown's comments came as Dimon told Congress that senior bank executives responsible for a $2 billion trading loss will probably have some of their pay taken back by the company.