Kate Leinbaugh

That's our colleague Alexander Saidi. So how does this engineer testify that he responded to this request?

That's our colleague Alexander Saidi. So how does this engineer testify that he responded to this request?

This trial, which concluded Friday, exposed not just the actions of Charlie Javis. It also revealed ignored warnings and lax due diligence at J.P. Morgan on a deal that CEO Jamie Dimon has called a, quote, huge mistake. Why was this trial worth paying attention to?

This trial, which concluded Friday, exposed not just the actions of Charlie Javis. It also revealed ignored warnings and lax due diligence at J.P. Morgan on a deal that CEO Jamie Dimon has called a, quote, huge mistake. Why was this trial worth paying attention to?

This trial, which concluded Friday, exposed not just the actions of Charlie Javis. It also revealed ignored warnings and lax due diligence at J.P. Morgan on a deal that CEO Jamie Dimon has called a, quote, huge mistake. Why was this trial worth paying attention to?

And did you get the answers?

And did you get the answers?

And did you get the answers?

Welcome to The Journal, our show about money, business, and power. I'm Kate Leinbaugh. It's Wednesday, April 2nd. Coming up on the show, how a fraud trial exposed embarrassing details about J.P. Morgan.

Welcome to The Journal, our show about money, business, and power. I'm Kate Leinbaugh. It's Wednesday, April 2nd. Coming up on the show, how a fraud trial exposed embarrassing details about J.P. Morgan.

Welcome to The Journal, our show about money, business, and power. I'm Kate Leinbaugh. It's Wednesday, April 2nd. Coming up on the show, how a fraud trial exposed embarrassing details about J.P. Morgan.

What you're hearing is Exhibit 1.8 in the case of the United States of America v. Charlie Javis. This video is from an archived webinar where Javis is introducing her financial aid business, Frank.

What you're hearing is Exhibit 1.8 in the case of the United States of America v. Charlie Javis. This video is from an archived webinar where Javis is introducing her financial aid business, Frank.

What you're hearing is Exhibit 1.8 in the case of the United States of America v. Charlie Javis. This video is from an archived webinar where Javis is introducing her financial aid business, Frank.

Javis graduated from the Wharton School of Business. She was a high-achieving wunderkind with a gift for marketing herself. When she was in her 20s, she started Frank. Why did she name it Frank?

Javis graduated from the Wharton School of Business. She was a high-achieving wunderkind with a gift for marketing herself. When she was in her 20s, she started Frank. Why did she name it Frank?

Javis graduated from the Wharton School of Business. She was a high-achieving wunderkind with a gift for marketing herself. When she was in her 20s, she started Frank. Why did she name it Frank?

Frank was a tool that was meant to make it easier for students applying for financial aid for college or graduate school. At the core of the trial was the 2021 sale of Frank to JP Morgan for $175 million. JP Morgan had bought Frank, in large part, for its millions of young users.

Frank was a tool that was meant to make it easier for students applying for financial aid for college or graduate school. At the core of the trial was the 2021 sale of Frank to JP Morgan for $175 million. JP Morgan had bought Frank, in large part, for its millions of young users.

Frank was a tool that was meant to make it easier for students applying for financial aid for college or graduate school. At the core of the trial was the 2021 sale of Frank to JP Morgan for $175 million. JP Morgan had bought Frank, in large part, for its millions of young users.