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 Learned Caroline Baum: Regulators didn't stop JPMorgan's loss JP Morgan scrambles to cover 'London Whale' losses |
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