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View Full Version : JPMorgan Loses $2 Billion as 'Mistakes' Trounce Hedges - Bloomberg



NewsWhore
05-10-2012, 10:50 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF_a9qS4fiJpxkJYxFIFP-VpTId5w&url=http://www.bloomberg.com/news/2012-05-11/jpmorgan-loses-2-billion-as-mistakes-trounce-hedges.html)


JPMorgan Loses $2 Billion as 'Mistakes' Trounce Hedges (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF_a9qS4fiJpxkJYxFIFP-VpTId5w&url=http://www.bloomberg.com/news/2012-05-11/jpmorgan-loses-2-billion-as-mistakes-trounce-hedges.html)
Bloomberg
Dimon closely supervised the transition from its previous focus on protecting JPMorgan from risks inherent in its banking business, such as interest-rate and currency movements, they said. 'Wall Street Hubris' “I wouldn't call it 'more aggressive,' I ...

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