J.P. Morgan Management Ignored Risks by London Trading Desk

Financial Disasters are caused by fear and greed. Just like in the Mortgage Crisis, bank management ignored risks hoping to make exceptional profits.

From Evernote:

J.P. Morgan Knew of Risks by London Trading Desk – WSJ.com

http://online.wsj.com/article/SB10001424052702303768104577460792166155830.html?mod=djemalertNEWS

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s