Regulator unaware of JPMorgan loss until weeks before disclosure – Los Angeles Times

Newswires June 6, 2012 0 Comments

Regulator unaware of JPMorgan loss until weeks before disclosure
Los Angeles Times
By Jim Puzzanghera, Los Angeles Times WASHINGTON — The top US bank regulator had no inkling of JPMorgan Chase & Co.'s more than $2-billion trading loss until just weeks before it became public — even though the agency had 65 examiners working full …
JP Morgan loss drives battle over bank rulesMarketWatch

JPMorgan lacked risk controls – regulatorCNN
Regulator: JPMorgan had 'inadequate' risk controlsBusinessWeek
USA TODAY –San Francisco Chronicle –Reuters
all 486 news articles »

Share on Facebook

You must log in to post a comment.

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

Here’s What to Key on With Gold on the Brink of Failure

Subscribers, click here to download the report. Last week was bad, no doubt about it. But it wasn’t a catastrophe yet. This report tells you…

Second, Even Bigger, Explosion of Sell Signals in Swing Trade Screens

This Friday’s screens had 26 buys and 136 sells. 9 of the buys were inverse ETFs, meaning that only 17 of the signals were bullish and 145 were bearish. This is a big number that indicates downside thrust, but it can also mean that it’s time for a minor bounce first.

When the Fed Balance Sheet Will Hit the Fan

This report examines and illustrates the most important line items on the Fed’s weekly balance sheet. It tells you what to look for to recognize when the markets will crash. Because that’s coming.

Market Variant Not As Bad As It Looks

Short term cycles look to be headed for a breather. But don’t expect much downside. The 13 week cycle has an updated projection.

Reason to Stay Optimistic on Gold

The 13 week cycle up phase aborted early and the pullback has negated the base breakout. When that happens there’s usually a recovery before a second high that confirms the top. I want to remain optimistic that this will only result in a mild correction/consolidation. As long as the 10-12 month cycle indicators continue to signal an up phase, that’s where I’ll give the benefit of the doubt.