Jump to Navigation
Home

Main menu

  • Home
  • News
  • Markets Map
  • Sentiments
  • Topics
  • Data
  • Comments
  • Images
  • Blog
  • About

Secondary menu

  • Latest News
  • Top Rated
  • Most Popular
  • Archive
  • Discussions
  • Larsen and Toubro net profit in quarter falls 7% on high...
  • How Apple scores its lower tax bill
  • Hodgkin Lymphoma: The Top Secret Strategy Of Seattle...
  • Poor Parents Grumble As Rich Chicago School Forces Kids...
  • Medicare payments vary wildly by hospital
  • First Look: New Microsoft Xbox One elegant, but much...
  • Sony to Assess Loeb Spin-Off Plan
  • Puravankara Projects Limited sets price band for $33 mn...
  • Global development podcast: what's at stake at the...
  • Gold And Silver: Bulls, Bears, And Common Ground

    Could Taxes Have Prevented Rampage Of The London Whale?

    Tue, 05/15/2012 - 18:52 EDT - Forbes.com - Top Stories

    Now that a once-obscure JPMorgan Chase derivatives trader named Bruno Iksil has become infamous as the London Whale, I suppose it is time??to ask whether what he does should be subject to new taxes. The question predated Mr. Iksil's misadventures, of course. Ever since the U.S. financial crash of 2008 and the beginnings of the ...

    • Original article
    • Login or register to post comments
     

    Related

    • JPMorgan Bet Against Itself In The 'Whale' Trade

      * Investment bank bet against CIO in derivatives market * Bank said to have discussed merging opposing trade books * Opposing bets could fuel claim JPM is too big to manage

    • JPMorgan Has Settled Its Lawsuit With The 'London Whale' Trader's Boss

      LONDON, Jan 16 (Reuters) - JPMorgan Chase & Co has reached an out-of-court settlement over its lawsuit against the former boss of Bruno Iksil, the trader known as the "London Whale" for huge bets he took that cost the bank $6.2 billion, a person familiar with the matter said. Javier Martin-Artajo, who was Iksil's immediate supervisor, had been named as a defendant in a lawsuit filed at London's High Court on Oct. 22.

    • JPMorgan sues former London Whale boss

      LONDON (R

    • JPMorgan May Release A Report Blaming CEO Jamie Dimon For The 'Whale' Trades

      (Adds other probe details starting in eighth paragraph.)

    • JPMorgan sues former London Whale boss

      LONDON (Reuters) - JPMor

    • JPMorgan sues former London Whale boss: report

      (Reuters) - JPMorgan Chase & Co has filed suit against the former boss of Bruno Iksil, th

    • JPMorgan Execs Will Get Grilled Today After Brutal Senate Report That Said The Bank Of Misleading Investors

      A bunch of current and former JPMorgan Chase executives will head to Capital Hill this morning for a senate hearing on the "London Whale" trade that caused the bank to lose billions last year. 

    • JPMorgan Chase And The London Whale: Understanding The Hedge That Wasn't

      By CFA Institute: By Ron Rimkus, CFA

    • How The Risky Business Of Derivatives Trading Can Dismantle Even The Biggest Of Banks

      By Matt Schilling:When investors began to trade in the after-hours session on Thursday May 10th news broke of JPMorgan Chase (JPM) losing nearly $2 billion dollars as a result of derivatives trading. Those trades were initiated by one Bruno Iksil from JPM's Chief Investment Office located in London.

    • JPMorgan’s Jamie Dimon misled investors, dodged regulator to hide ‘monstrous’ derivatives bet that went bad

      JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon sought to hide escalating trading losses that surpassed US$6.2 billion, misled investors and dodged regulators as a “monstrous” derivatives bet deteriorated last year, a Senate probe found.

    Latest

    Japanese Consumers Are Suddenly Buying Crazy Expensive Watches And Eating Upscale Sushi Due To 'Abenomics'
    Japanese Consumers Are Suddenly Buying Crazy...
    Sterling slides as retail sales soften
    Sterling slides as retail sales soften

    User login

    • Create new account
    • Request new password
    • Click on the icon to sign in with your social network login or enter your Bullfax.com login

    Our Blog

    • Japan’s budget deficit, Rolls-Royce, Raytheon and Sony in Our Daily Round-Up for 05/22/2013
    • Apple chief Tim Cook defends tax practices and denies avoidance
    • Did Iceland make it through the crisis?

    Markets Map

    Markets Map

    Follow Us

    Follow Us on Facebook, Twitter, Google Plus and RSS LinkedIn Facebook Twitter Google Plus RSS
    S&P 500: 1669.16 0.17% FTSE: 6788.93 -0.22% Nikk.: 15627.26 1.58% DAX: 8442.00 -0.36% HSI: 23261.08 -0.45% FX: EUR/GBP: 1.1666 USD/EUR: 1.2943 JPY/USD: 102.835 Commodities: Gold: 1385.47

    Bullfax.com - Market News & Analysis 2008-2011
    Contact Us | About Us | Terms & Conditions

    Follow Us on Facebook, Twitter, Google Plus and RSS LinkedIn Facebook Twitter Google Plus RSS .

    Secondary menu

    • Latest News
    • Top Rated
    • Most Popular
    • Archive
    • Discussions