JPMorgan executives set to leave, sources say - Yahoo! Finance
(Reuters) - Three top executives involved with a failed hedging strategy that cost JPMorgan Chase & Co at least $2 billion and tarnished its reputation are expected to leave the bank this week, sources close to the matter said on Sunday.
Company loses two friggin' billion dollars and the fact that a few top executives lose their jobs as a result is news. "They only remember your last trade," whines some unidentified dork.
But hey, all you taxpayers out there. Don't worry. This is peanuts compared to last time.
No comments:
Post a Comment