iBankCoin
Joined Nov 11, 2007
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CtW Investment Group Warned Last Year That Poor Risk Management Could Lose $JPM More Than $3 Billion

“NEW YORK, May 15 (Thomson Reuters Accelus) – CtW Investment Group, a labor-backed shareholder group, last year warned JPMorgan Chase & Co that its risk management committee was not up to the task and sought to remove one of its members, Ellen Futter, who had been a director at American International Group Inc (AIG) before its near-collapse in 2008.”

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