A 33% Minimum Probability Of Criminal Charges Against JP Morgan
In Lieborgate?  Tyler Durden's picture   On Friday morning,
Jamie Dimon as head of the bank many (well, some: Zero Hedge)
expect will be the first casualty when the Liebor scandal
finally breaks on US soil, which it will within 2-3 weeks, faced
several questions on his Q2 conference call trying to extract
more information from the bank as to where it may stand in the
Liebor scandal.  This is what he said:  Unidentified Analyst
Hi, two very quick follow-ups. One I just want to make sure on
the LIBOR issue. I understand all the things that you can’t talk
about mid investigation, but I’m assuming this has been gone on
for a while that you’ve had three, six, maybe more months of
internal investigations. Is there anything you can tell us and
comment on?   Jamie Dimon      John E. McDonald – Sanford C.
Bernstein & Co.   But I guess just one more slide that’s on the
LIBOR, do you have any sense of how long the issue will overhang
on the industry and w