Compliance

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Jonathan Camhi
Jonathan Camhi
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What's Next? 6 Views on the London Whale Indictments

Charges against two traders at JPMorgan's London office shine a light on risk management problems at the bank and raise questions about the future of the investigation into the scandal.
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Massive Cover Up

"These traders brazenly accumulated a massive position in derivatives with lax oversight, and then lied to cover up their massive losses when the market turned against them."


- George Canellos, co-director of the SEC's enforcement division.

 

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

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Cara Latham
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Cara Latham,
User Rank: Apprentice
8/19/2013 | 6:58:00 PM
re: What's Next? 6 Views on the London Whale Indictments
While the arrests are a good start, I think Kelleher makes a good point about the need for regulators to dig deeper. Unfortunately, I think we are still a ways off from seeing that happen.
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