http://blogs.reuters.com/breakingviews/2012/05/11/jamie-dimons-ahab-meets-his-moby-dick/ Sun, 28 Apr 2013 15:49:48 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://blogs.reuters.com/breakingviews/2012/05/11/jamie-dimons-ahab-meets-his-moby-dick/comment-page-1/#comment-9175 CiucciNeri Fri, 11 May 2012 19:16:34 +0000 http://blogs.reuters.com/breakingviews/?p=11394#comment-9175 One of the causes of the financial turmoil of the year 2008 was the writing of credit default swaps by institutions such AIG. The Volker law has been passed just to prevent the repetition of such episodes. Instead JP Morgan totally ignored the Volker rules and made bets that it was not allowed to do. JP Morgan's management and in particular Jamie Dimon should not be left running the firm. One of the causes of the financial turmoil of the year 2008 was the writing of credit default swaps by institutions such AIG. The Volker law has been passed just to prevent the repetition of such episodes. Instead JP Morgan totally ignored the Volker rules and made bets that it was not allowed to do. JP Morgan’s management and in particular Jamie Dimon should not be left running the firm.

]]> http://blogs.reuters.com/breakingviews/2012/05/11/jamie-dimons-ahab-meets-his-moby-dick/comment-page-1/#comment-9169 williambanazi7 Fri, 11 May 2012 03:41:47 +0000 http://blogs.reuters.com/breakingviews/?p=11394#comment-9169 I'm not a trader and I knew about this guy Bruno two months ago. What is rogue about that? I’m not a trader and I knew about this guy Bruno two months ago. What is rogue about that?

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