Dimon Will Face Senate Firing Squad Over Reform Opposition

Law360, New York (June 12, 2012, 7:59 PM EDT) -- A contrite JPMorgan Chase & Co. chairman and CEO is expected to tell a U.S. Senate panel Wednesday that a series of mistakes led to the company's trading loss of at least $2 billion, but experts said the bank chief will likely face a barrage of questions over whether the losses proved his opposition to regulatory reforms to be shortsighted.

According to prepared testimony released prior to his appearance before the Senate Banking Committee, Jamie Dimon will tell senators that the losses suffered by JPMorgan's Chief...
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