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Tag Archives: derivatives
Are there Good Samaritans on Wall Street if you can be taken for 9 Billion
When JP Morgan lost 9 billion dollars on a derivatives trade, many people saw it as the market functioning properly. What made the story interesting is the scale of the losses, 9 billion dollars at last estimate. Yet, the story … Continue reading
Posted in culture, management
Tagged Business, derivatives, economy, Hedge fund, Jamie Dimon, JPMorgan, JPMorgan Chase, Lehman Brothers, occupy-wall-street, Wall Street
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