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.

 

 

FPA Advertisment

Most Read

Top of the Agenda - Governance
Fund boards find diversity efforts pay off

Building and maintaining a diverse membership has become a top priority for many mutual fund boards in recent years, and new data shows this focus is ...