In the Margins

'London whale' says he was a scapegoat

February 23, 2016

By MarketWatch

The “London Whale” trader has broken nearly four years of silence, sending a single-spaced, more than three-page letter to publications. In it, Bruno Iksil said he was made a scapegoat for trades that were “initiated, approved, mandated and monitored” by senior management at his then-employer JPMorgan. “For no good reason, I was singled out by the media,” he said. Read the original story from MarketWatch.

 

 

Most Read

10 Things
10 Things...on the regulatory agenda

The Securities and Exchange Commission has been accused of "over-regulation" in recent years as it has proposed and finalized dozens of rules in a relatively short ...

10 Things
10 Things...to read in summer 2024

It's the Summer Solstice, and that means that for most of us the sun is shining, temperatures are heating up, and longer days allow for pursuits ...