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JP Morgan’s Risk-Aversion Blunder

2 years agoNews : The Daily Beast

Ironically, the bank suffered huge losses in an internal fund set up to hedge its own capital against potential risks. By Zachary Karabell.
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Some Banks Are Profiting From JP Morgan's Trading Blunder Thanks To Pure Luck

Business & Finance : Business Insider: Clusterstock (2 years ago)

It's not just hedge funds that are profiting by taking the other side of JP Morgan's losing billion dollar trade. Dozens of banks including Goldman Sachs and Bank of America have collectively made between $500 million to $1 billion ... Read Post

Feds Charge Hedge Fund SAC Capital in NY

Business & Finance : The Curious Capitalist (last year)

(NEW YORK) — A huge Connecticut-based hedge fund owned by an embattled billionaire is facing insider-trading charges. Federal authorities in New York City announced the criminal charges against SAC Capital Advisors on Thursday. SAC ... Read Post

Frontrunning: September 16

Business & Finance : Zero Hedge (11 hours ago)

Thank you market Chief Risk Officer Bernanke/Yellen: Calpers to Exit Hedge Funds, Divest $4 Billion Stake (BBG) World stocks hit one-month low, caution ahead of Fed (Reuters) U.S. Efforts to Build Coalition Against Islamic State in ... Read Post


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