According to dealbreaker’s Matt Levine: It looks like London
Whale Bruno Iksil is currently vacationing in a quantum state between fired and
not-fired, which I suspect is relatively pleasant compared to, like, trading
credit indices, and his immediate supervisors have all moved on to bluer
oceans. But layers and layers of people above them continue to have to tug at
their collars and worry about the whole
why-didn’t-we-stop-his-whaling-and-what-does-it-mean-for-our-jobs thing. Jamie
Dimon has done a certain amount of that, but today the regulators in charge of
JPMorgan got ther chance to do some collar-tugging in front of the Senate. Enlightening? You be the judge…..
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