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White House: JPMorgan Loss Is a Need for Reform

White House Press Secretary Jay Carney told reporters on Tuesday that JPMorgan's $2 billion loss is a perfect example of why President Barack Obama fought so hard for Wall Street reform and why the additional steps need to be taken.
Video provided by AP

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Unique identifier: CP13448688

Legacy Identifier: 0c1827cb12674b8291f2f3ae7acca0be

Type: Video

Duration: 1m32s

Dimensions: 856px × 480px 20.38 MB

Usage rights: Digital platform use only. Broadcast rights and editing of content prohibited.

Create Date: 5/15/2012 10:52:00 PM

Display aspect ratio: 107:60