Too bad for Jamie Dimon! There are very few really likeable people on Wall Street and he is one of them. This must be difficult for him after he skillfully steered JP Morgan through the 2008-2009 mess on Wall Street. I hope he survives this mess too!
JPMorgan Chase: London whale swallows $2B - CBS News
Showing posts with label JP Morgan. Show all posts
Showing posts with label JP Morgan. Show all posts
Friday, May 11, 2012
JPMorgan $2 bln trading loss spooks bank stocks | Reuters
Here we go again! What did the trader expect? If you amass a large position, hedge funds are likely to bet against it, and they will have a field day! That is what they are in business for -- taking contrarian positions. Another slip-up by a big bank that investors have to absorb!
JPMorgan $2 bln trading loss spooks bank stocks | Reuters
JPMorgan $2 bln trading loss spooks bank stocks | Reuters
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