Saturday, March 23, 2013

DOJ Criminal Probe Into JPMorgan Whale Trade At 'Advanced Stages'



CNBC is reporting that the Department of Justice is in "advanced stages" of a criminal probe into the JPMorgan Chase "London Whale" trades, investigating whether former traders mismarked positions in an effort to disguise the size of losses that have reached more than $6 billion.

http://www.huffingtonpost.com/business/

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