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Trader: Buck stops with bank CEOs

The buck stops with Jamie Dimon.
That’s the view of Boaz Weinstein, the hedge-fund manager who first speared JPMorgan’s infamous “London Whale” trade. He now thinks that requiring bank CEOs to sign off on such trades is the only way to prevent debacles.
As the “ultimate boss” of… …read more
Source: NY Post

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Posted by on March 21, 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.