JP Morgan Suffers ‘Significant’ Mark-to-Market Losses

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The Fast Money traders weigh in on the announcement of major losses at JP Morgan and the negative outlook on bank stocks. Also, CNBC’s Mary Thompson reports the latest details from JPM’s conference call and Jamie Dimon’s comments on “egregious, self-inflicted mistakes” at the company, and a technical perspective on banks, with Steve Suttmeier, BofA technical analyst.

Melissa Lee anchors a fast-paced discussion among four professional Wall Street traders. An hour after the bell Fast Money hosts one of the best trading discussions of the day.

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