Bank Admits Losses on Massive Trading Bet Gone Wrong; Dimon’s Mea Culpa
Dan Fitzpatrick, Gregory Zuckerman and Liz Rappaport The Wall Street Journal 5/10/2012
A massive trading bet boomeranged on J.P. Morgan Chase & Co., leaving the bank with at least $2 billion in trading losses and its chief executive, James Dimon, with a rare […]
