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.
August 16, 2013


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.

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