Tag Archive for Proponents

JPMorgan’s big loss: Was it hedging or betting? – Philadelphia Inquirer

Could misdirection over the meaning of a simple, five-letter word – hedge – be at the heart of the roiling controversy over JPMorgan Chase’s embarrassing $2 billion loss in European trading? Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall…