Jamie Dimon's Performance On Capitol Hill Sends JPMorgan Shares Flying

A bunch of current and former JPMorgan Chase executives will head to Capital Hill this morning for a senate hearing on the "London Whale" trade that caused the bank to lose billions last year. 

By Dan Naumov:As the whole "London Whale" thing was blowing up in the media, I had taken a position in JPMorgan Chase (JPM) figuring that the whole thing was blown out of proportion and that the stock was heavily oversold.

By Phil Timyan:After listening to the media trash JP Morgan's (JPM) Jamie Dimon for the past year, and following the recent uproar caused by proxy firm recommendations that shareholders vote to separate the company's Chairman and CEO functions, I simply cannot sit by any longer without speaking up in Dimon's defense.

By Ellen Brown: When Jamie Dimon, CEO of JPMorgan Chase Bank (JPM), appeared before the Senate Banking Committee on June 13, he was wearing cufflinks bearing the presidential seal. "Was Dimon trying to send any particular message by wearing the presidential cufflinks?" asked CNBC editor John Carney. "Was he... subtly hinting that he's really the guy in charge?"

The chief executive of JPMorgan Chase, Jamie Dimon, was on Capitol Hill Wednesday, where he tried to explain his company's recent multibillion-dollar trading losses. Dimon told the Senate Banking Committee that the losses were indefensible. He also said the company may try to recover some of the compensation paid to the traders who were responsible.