JPMorgan raids savings to make up for London losses
JPMorgan Chase & Co 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.
JPMorgan Has A Lot Of Great Things Going On This Quarter Other Than, Y'Know
JPMorgan Selling Off Tens of Billions in Securities to Cover Fail Whale Loss
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