Location: SDG-50 Dirksen Senate Office Building
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The Permanent Subcommittee on Investigations held a hearing, “JPMorgan Chase Whale Trades: A Case History of Derivatives Risks and Abuses,” on Friday, March 15, 2013, at 9:30 a.m., in Room G-50 of the Dirksen Senate Office Building.
The Subcommittee examined matters relating to credit derivative trades made by the JPMorgan Chase Chief Investment Office. The Subcommittee issued a Subcommittee staff report in conjunction with the hearing summarizing its investigative findings and recommendations. Witnesses included representatives from JPMorgan Chase and the Office of the Comptroller of the Currency.
INA DREWDownload Testimony (85.4 KB)Former Chief Investment OfficerJPMorgan Chase Bank NANew York, NY
ASHLEY BACONDownload Testimony (121.7 KB)Acting Chief Risk OfficerJPMorgan Chase Bank NANew York, NY
PETER WEILANDDownload Testimony (39 KB)Former Head of Market Risk - Chief Investment OfficeJPMorgan Chase Bank NANew York, NY
MICHAEL J. CAVANAGHDownload Testimony (626.6 KB)Co-Chief Executive Officer - Corporate & Investment BankJPMorgan Chase Bank NANew York, NY
DOUGLAS L. BRAUNSTEINCurrent Vice ChairmanJPMorgan Chase Bank NANew York, NY
THE HONORABLE THOMAS J. CURRYDownload Testimony (73.3 KB)Comptroller of the CurrencyU. S. Department of the TreasuryWashington, DC
SCOTT WATERHOUSEExaminer-in-Charge - OCC National Bank Examiners - JPMorgan ChaseOffice of Comptroller of the CurrencyWashington, DC
MICHAEL SULLIVANDeputy Comptroller for Risk Analysis - Risk Analysis DepartmentOffice of the Comptroller of the CurrencyWashington, DC