Fmr. TARP administrator Ken Feinberg on possible JPMorgan clawbacks, says it's uncommon but not impossible

The managers at JPMorgan who were responsible for losing at least $2 billion of the bank's money might soon be feeling a little financial pain themselves. The bank's CEO, Jamie Dimon, telling senators yesterday that when the bank's board finishes its review, some employees might actually have to give back some of their bonuses.

It would be a first time for the firm, and it remains unclear whether Dimon, who's getting paid $23 million in compensation package for his performance, would be among those who would be subjected to the clawback.

Ken Feinberg, former administrator for TARP Executive Compensation and known as the 'pay czar,' explains whether it would be possible to get terminated employees to give back their bonuses.