Скачать или смотреть JPMorgan Chase & The London Whale

Share your views with me on Twitter: @susanmodaress

America's largest bank JP Morgan Chase in the headlines again...
JPMorgan Chase trader Bruno Iksil, nicknamed the London Whale, gambled big on an obscure corner of the credit market—and lost BIG, over 6 Billion Dollars big. Iksil and other traders in the London office of JPMorgan's Chief Investment Office took massive gambles on credit derivatives they shouldn't have last year.
The London Whale not only incurred $6.2 billion in trading losses but also mismarked some of the losses to cover up their magnitude. His supervisor, Javier Martin-Artajo, was sued by the bank for assisting in the cover-up, and JPMorgan has been the subject of an investigation by the U.S. government and the UK Serious Fraud Office.