Mr. Dimon, striking a brief note of contrition, conceded, "It was dead wrong".
He also was quick to strike a note of contrition when the trading losses spun out of control last year.
Mr. Ackman sounded a note of contrition, saying that his firm's investment in Penney had been a "failure".
Despite starting out on a note of contrition, he couldn't prevent himself from reverting to his usual mode, which is cocky and combative.
REUTERS Ackman Acknowledges Mistakess' in a Letter to Investors | William A. Ackman sounded a note of contrition in a letter to shareholders, saying that his firm's investment in J.C. Penney has been a "failure".
DealBook » For Activist Fund's Chief, a Sober Self-Evaluation | William A. Ackman sounded a note of contrition in a letter to investors, saying that Pershing Square Capital Management's investment in J. C. Penney had been a "failure".
Should Fannie and Freddie sound a note of contrition for their own role in the implosion of the mortgage market, it could complicate a separate but similar lawsuit playing out in Washington.
The JPMorgan chief did sound a note of contrition, saying in his prepared remarks that the botched trades had "let a lot of people down, and we are sorry for it".
The case against the financial firms could be complicated should Fannie and Freddie sound a note of contrition for their own role in the implosion of the mortgage market in settling with the S.E.C.
In a note of contrition, the Proceedings of the National Academy of Sciences concluded that the decision to manipulate the content appearing on the Facebook pages of about 700,000 people without their prior consent may have violated some principles of academic research.
