JPMorgan’s Hedging Position May Lose $5 Billion, or More, or be Wound Down by the End of the Year
The world may never know, or at least not for a while: As the learned folks at Alphaville report, Morgan Stanley came out with a note last week suggesting the trading losses may touch $5 billion, or $2 billion more than JPMorgan’s estimate. The reasoning:
“The question is, how does Jamie Dimon expect only Read More
