Monday, May 14, 2012

Why It Matters That JPMorgan Lost $2 Billion Trading In Six Weeks Less Hyperventilating on JP Morgan Chase's $2B Loss Please How Did Lose Billions One Trade London 'Whale' Explained to Pay 1.9M in Damages Analyst Blog Pressure Grows J.P. Chief Faces Losses From Hedged Bet Gone Wrong Stricter Oversight After Comment Biden proves catalyst for Obama gay marriage Chase reports billion loss past six weeks risky derivatives It’s Crunchtime stock plunges after 6figure banker $30Kayear butcher Three Exit Dimon 'Terrible Egregious Mistake' SEC Opens Review of Romney steers clear controversy while campaigning N.C. Inflation Sentiment Data Lift U.S. Stocks Europe Down

JP Morgan Chase chief investment resigns over loss The executive responsible for trading strategy at JPMorgan Chase, one of the highest-ranking women in Wall Street, on Monday became the first casualty of the bank's stunning $2 billion loss. JP Morgan Chase: White House Says Bank Loss Shows Need For Rules ABOARD AIR FORCE ONE -- The White House says a $2 billion trading blunder by JPMorgan Chase shows the continued need for rules that protect the taxpayer when Wall Street makes mistakes. JP Morgan executives 'set to leave' after $2bn loss Three top executives involved with a failed hedging strategy that cost JP Morgan Chase at least $2bn and tarnished its reputation are expected to leave the bank this week, according to reports. 3 JP Morgan Chase execs to resign over huge loss An expert says the huge Chase loss is a sign that weak regulation has left the financial industry vulnerable to crashing Watch: JP Morgan Chase CIO Expected to Resign Ina Drew, one of Wall Street's top women execs, resigned, according to the bank. Wall Street's Highest Ranking Woman To Step Down From JP Morgan/Chase JPMorgan Chase is expected to accept the resignation of Ina Drew after the bank lost $2 billion in a trading blunder. Carney: JP Morgan Loss Reinforces Why Wall Street Reform Is Necessary JP Morgan Chase's $2 billion loss shows that Wall Street needs to be better regulated, said White House Press Secretary Jay Carney on Monday. Top JP Morgan Chase Exec Resigns Over $2 Billion Trading Mistake After JP Morgan Chase publicly admitted that it lost $2 billion while executing various complicated bets (and counter bets) on credit derivatives, heads are rolling. Ina Drew, the Chief Investment Officer, is resigning today because her division oversaw the London office—which handles nearly $400 billion in trades— that made what CEO Jamie Dimon called "a terrible egregious mistake." Wait ... JP Morgan executives set to quit over loss The chief of JP Morgan Chase says the US investment bank's $2 billion loss on derivatives trades has given regulators a fresh opportunity to target Wall Street amid reports that three top executives will resign over the loss. JP Morgan Chase Officials Could Step Down 5/14/12:  Published reports say JP Morgan Chase's chief investment officer and two traders could be stepping down in the wake of the bank's two-billion dollar trading loss.
Key Words: jp morgan chase

References:
http://www.forbes.com/sites/nathanvardi/2012/05/10/why-it-matters-that-jpmorgan-lost-2-billion-trading-in-six-weeks/
http://www.forbes.com/sites/chunkamui/2012/05/11/less-hyperventilating-on-jp-morgan-chases-2b-loss-please/
http://www.zacks.com/stock/news/74215/jpmorgan-to-pay-19m-in-damages
http://online.wsj.com/video/pressure-grows-on-jp-morgan-chief/494DD248-8360-4EF2-B36D-06927FAAF06A.html
http://www.time.com/time/nation/article/0,8599,2114684,00.html?xid=rss-mostpopular
http://feeds.denverpost.com/~r/dp-opinion-comments/~3/UTD-fl4orTc/viewtopic.php
http://feedproxy.google.com/~r/timeblogs/curious_capitalist/~3/crJmEqledQE/
http://feedproxy.google.com/~r/orlandosentinel/news/local/southwest/~3/5ZAP5IRc33A/sns-la-la-fi-mo-jpm-losses-20120510,0,5118588.story
http://online.wsj.com/article/SB10001424052702304192704577402500885560924.html?mod=rss_whats_news_us
http://online.wsj.com/article/SB10001424052702304192704577402102196099694.html?mod=rss_whats_news_us
http://feeds.latimes.com/~r/latimes/news/politics/~3/8xP0SmiKOwk/la-pn-romney-campaigning-in-charlotte-steers-clear-of-controversy-20120511,0,7558542.story
http://online.wsj.com/article/SB10001424052702304203604577397633062036506.html?mod=rss_whats_news_us
http://pixelhat.net/

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