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Tag: London Whale


Recuerdos de Pandora (CC BY-SA 2.0)

J.P. Morgan—The Man and the Bank

From his earliest days in high finance, J.P. Morgan was a hustler who often traded on the shady side. The bank that survives in his name inherited his pattern of committing multiple crimes and walking away scot-free. The latest? Getting shareholders to pay a banker’s $1 billion fine.

Posted on Oct 18, 2013 READ MORE


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KJGarbutt (CC BY-ND 2.0)

U.S. Considering Arrests in ‘London Whale’ Case

U.S. authorities may arrest two former JPMorgan Chase employees in connection with their alleged role in hiding $6.2 billion in losses in what became known as the “London Whale” scandal, two people familiar with the situation say.

Posted on Aug 10, 2013 READ MORE


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