Posts tagged 'London Whale'

The JPMorgan mismarking table

It’s going to take awhile to go over the report of the Senate Permanent Subcommittee for Investigations. There are 1,654 footnotes and we wouldn’t want to miss a single one.

This, however, is one of our favourite exhibits thus far. Not that it’s shocking. More that it’s kinda like a famous artifact that we never thought we’d get to see: Read more

Time to leave Whale enough alone?

Frankly we’re bored of this, but:

That question deserves some serious thought, don’t you think? Read more

The Whale and the P&L (and the RWAs)

JPMorgan’s Whale report just keeps on giving: from the blow by blow account of internal P&L swings after the first articles were published about the CIO’s trades, to discussion on how achieve the firm-wide goal of reducing risk-weighted assets.

Let’s start with the former, shall we? Read more