Breaking News

‘Breach’ of trust

The “London Whale” was sinking under pressure to cook the books.
As the monstrous derivatives trade spun out of control, costing JPMorgan a whopping $6.2 billion, former London trader Bruno Iksil buckled under to demands to manipulate the bank’s books and appease his higher-ups, according to criminal complaints… …read more
Source: NY Post

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Posted by on August 15, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.