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


Will Bigger Fish Fry?

"Two arrests are a good start, but it must be the beginning of a major change at the Department of Justice and the SEC where they finally apply the law without fear or favor to the wealthy, powerful and well-connected of Wall Street. All eyes are on the next moves by DOJ and the SEC. Are they going to just arrest minnows or are they also going after the law-breaking whales that made the key decisions, disclosures and public statements?"


— Dennis Kelleher, CEO of Better Markets, a nonprofit group advocating financial reform, wrote in a statement.

[The Tao of Dimon: JPMorgan Chase CEO Jamie Dimon's Most Memorable Quotes]

Bank Systems & Technology encourages readers to engage in spirited, healthy debate, including taking us to task. However, Bank Systems & Technology moderates all comments posted to our site, and reserves the right to modify or remove any content that it determines to be derogatory, offensive, inflammatory, vulgar, irrelevant/off-topic, racist or obvious marketing/SPAM. Bank Systems & Technology further reserves the right to disable the profile of any commenter participating in said activities.

 
Disqus Tips To upload an avatar photo, first complete your Disqus profile. | Please read our commenting policy.
 
< Previous1 2 3 4 5 6 7 8 Next > 

< Previous1 2 3 4 5 6 7 8 Next >