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JPM's Restatement Reduces Q1 Net $459 Million

7:06 AM ET Fri, 13 July 2012

John Allison, BB&T former chairman & CEO; Sallie Krawcheck, former Bank of America Merrill Lynch, Global Wealth Management president; and Jacob Frenkel, Schulman Rogers partner, discuss JPM's restatement of trading losses and financial reports, and its impact on the company's stock, top management, and investor confidence.