A Perfect Storm Of Misconduct & Inadequate Controls
"This was not a tempest in a teapot but, rather, a perfect storm of individual misconduct and inadequate internal controls."
— Preet Bharara, U.S. Attorney for the Southern District of New York, at a press conference to announce charges against two former JP Morgan employees implicated in the trades.
Jonathan Camhi has been an associate editor with Bank Systems & Technology since 2012. He previously worked as a freelance journalist in New York City covering politics, health and immigration, and has a master's degree from the City University of New York's Graduate School ... View Full Bio