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Chicago Business News: 5/16

Chicago Tonight | May 16, 2012 10:00 am

JP Morgan's Jamie Dimon is under fire from all sides as a disastrous hedging strategy costs the bank at least $2 billion and wipes more than $17 billion off the bank's value. Kris Kridel of WBBM Newsradio 780 and 105.9FM has that story, and more top business headlines. Check back here later to read stories on all the latest business news.

Related Links: 
New York Times article on Greece Sets Date for New Vote Amid Euro Exit Fears
CNN article on European leaders scramble to contain Greek debt crisis
LA Times article on 'Grexit': Are Greece's euro fears causing a $1-billion bank run?
Forbes article on JPMorgan: Ten Defenses Of The Indefensible
Reuters article on Investors hammer advisers on JP Morgan concerns
Financial Times article on Federal Reserve wary of eurozone risks
NASDAQ article on Fed Officials Flag Fiscal Concerns, Uncertainty
Reuters article on Facebook IPO triggers retail investor craze
Reuters article on GM to drop Facebook ads due to low consumer impact
Reuters article on Facebook boosts IPO size by 25 percent, could top $16 billion
Chicago Sun-Times
NBC Chicago article on Mayor Emanuel's appearance on Chicago Fire
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