Description: After news of JPMorgan’s multi-billion dollar loss, Mike Mayo reaffirms his stance that incentives are misaligned at big banks.
Source: CNNMoney.com – video report
Date: May 11, 2012
Link: http://money.cnn.com/video/news/2012/05/11/n-mayo-jpmorgan-banks.cnnmoney/
Questions for Discussion:
- Summarize the opinions expressed by Mike Mayo.
- Do you agree with his assessment, particularly about risk?
- What would you advise regulators? Investors?
CT:Â Â Company Analysis, Industryl Analysis, Management Issues, Governments & Regulators, Growth & Valuation –
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