Sen. Brown: JPMorgan should take back incentives

Published June 13, 2012 9:34pm ET



BOSTON (AP) — U.S. Sen. Scott Brown urged JPMorgan Chase CEO Jamie Dimon on Wednesday to take back bonuses and incentive pay from those involved in risky trading that led to a $2 billion loss.

Brown’s comments came as Dimon told Congress that senior bank executives responsible for a $2 billion trading loss will probably have some of their pay taken back by the company.

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