So I give you Jamie Diamond, CEO of JPMorgan Chase, who testified on July 13, 2012, before the Senate Finance Committee that Chase's recent $2 billion loss figure was not reliable, and the whole issue was only a "tempest in the teapot.
(He made this assertion under oath.) He
further asserted that there was no reason for concern.
It should be noted, at this point, that in the first six months of 2012, JPMorgan
had contributed an aggregated total of $300,000 in campaign contributions to 14 of the 17 members of the Senate committee investigating JP Morgan Chase.
Three weeks after Diamond's testimony, the "tempest in the teapot" had boiled over with an additional $5 billion in losses, bringing the total loss to $7 billion.
was never called back to the committee. (I guess if you're not Roger Clemens, you don't get called back and prosecuted.)