 Knowledge@Wharton |
JPMorgan's Big Loss: Why Banks Still Haven't Learned Their Lesson
Knowledge@Wharton Aren't losses part of the game? Why does one loss matter if it is more than offset by other trades' gains? The problem, says Scott E. Harrington, professor of insurance and risk management at Wharton, is that JPMorgan's loss struck at a particularly … The Real Problem With Wall Street |
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