“You have to dance while the music is playing”- Chuck Prince, Citigroup mucky muck, shortly before 2008 crisis Of late Zero Hedge has been mentioning the presence of one large JP Morgan trader nicknamed the whale (Bruno Iksil). Tuesday ZH broached a question I myself have been wondering, is there a large whale trader (or traders) price fixing the markets, or at least key inter-related markets.
Bruno Iksil, who gained notoriety for having built up credit derivatives positions at JP Morgan so large that he was rattling markets, is leaving the bank, the New York Times reports, citing traders that work with Iksil. His departu... Read Post
When news of Bruno Iksil—the JP Morgan trader that gained notoriety for his huge positions in the credit market—first became public, he gained the nickname "London Whale" because his portfolio was so big that it was rattling markets... Read Post