Menu Close

JPMorgan Dips into Cookie Jar to Offset "London Whale" Losses – CNBC.com


The Fiscal Times

JPMorgan Dips into Cookie Jar to Offset "London Whale" Losses
CNBC.com
JPMorgan Chase has sold an estimated $25 billion of profitable securities in an effort to prop up earnings after suffering trading losses tied to the bank's now-infamous "London Whale," compounding the cost of those trades. As a result, the bank will
JPMorgan's Loss: What Banks Still Haven't LearnedThe Fiscal Times


Caroline Baum: Regulators didn't stop JPMorgan's lossDaily Mail – Charleston
JP Morgan scrambles to cover 'London Whale' lossesStuff.co.nz
Reuters UK –Fox Business
all 38 news articles »

Join the conversation and have a little fun at Capitalstool.com. If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RSS
Follow by Email
LinkedIn
Share

Discover more from The Wall Street Examiner

Subscribe now to keep reading and get access to the full archive.

Continue reading