Off with their heads!

The Atrios school of blogging.

JPMorgan Unit’s London Staff May Go as Loss Prompts Exits

By Dawn Kopecki, Bloomberg News

May 13, 2012 8:45 PM ET

The entire London staff of JPMorgan Chase & Co. (JPM)’s chief investment office is at risk of dismissal as a $2 billion trading loss prompts the first executive departures as soon as this week, a person familiar with the situation said.

2 comments

  1. on MTP and calling for the destruction of the social safety net. There will be no change or satisfaction until the architects of the financial crisis have been brought to account and proper regulations put into place.

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