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? CEO Jamie Dimon tried to quiet the storm at JPMorgan Chase & Co.’s annual shareholders’ meeting Tuesday… But proponents of stronger U.S. financial rules…