Stocks to Watch: JPMorgan, News Corp., RIMTheStreet.comJPMorgan's losses from a bad bet on credit derivatives could total $9 billion, a report … NEW YORK — JPMorgan Chase's(JPM) $2 billion trading loss related to …U.S. Stock Futures Declin…
Saba's Weinstein exits bet against JPMorgan: sourcesChicago TribuneIn May, JPMorgan reported a $2 billion trading loss in its chief investment office, due to large bets on an obscure group of indexes that track the performance of …
New York MagazineSaba's Weinstein exits bet against JPMorgan-sourcesReutersJPMorgan lost billions on other side of bet. * Saba main fund up 2.3 pct YTD through June 22 (Adds more detail on trade, JPMorgan bet). By Katya Wachtel …Saba's Weinst…
Business InsiderSaba's Weinstein exits bet against JPMorgan-sourcesReutersWeinstein discussed credit trade at conference in February* JPMorgan lost billions on other side of bet* Saba main fund up 2.3 pct YTD through June 22 (Adds …Saba's Wei…
Business InsiderSaba's Weinstein exits bet against JPMorgan: sourcesReutersIn May, JPMorgan reported a $2 billion trading loss in its chief investment office, due to large bets on an obscure group of indexes that track the performance of …Saba…
Business InsiderSaba's Weinstein recently exited credit bet against JPMorgan: sourcesReutersIn May, JP Morgan reported a $2 billion trading loss in its chief investment office, due to a bet on the Markit CDX NA IG Series 9 index. Weinstein's Sa…
By Simon Johnson Most of the current policy discussion concerning the euro area is about austerity. Some people – particularly in German government circles – are pushing for tighter fiscal policies in troubled countries (i.e., higher taxes and lower government … Continue reading →
BloombergJPMorgan's Trading Loss Risks Sinking Diversified Banking ModelTrefisJPMorgan's (NYSE:JPM) $2 billion loss from a failed hedging bet could end up hurting the country's financial system in more ways than what was earlier …Bernanke…
While lawmakers were ostensibly asking Dimon how to prevent the next, distant financial crisis, he was openly telling them that JP Morgan had predicted, to…
ForbesWhy Facebook (Or Anyone Else) Might Never Crack the Code on …ForbesThere's a $60B bet on the table that Facebook can monetize its user traffic. (It was a $100B wager at Facebook's IPO, but things have not gone well since.) …and more&n…