Pitt: New Glass-Steagall Efforts Misguided

11:15 AM ET Fri, 12 July 2013

Harvey Pitt, Kalorama Partners, discusses JPM CEO Jamie Dimon's comments about regulation and his comments that the company was a safe port in the storm. New regulatory efforts, like those out of Dodd-Frank and Basel 3 are the right path, Pitt says.