Description: A mixture of accounting moves and rosy assumptions appear to have masked JPMorgan’s London Whale.

Source: Fortune.com

Date: July 13, 2012

Link: http://finance.fortune.cnn.com/2012/07/13/jpmorgan-hid-london-whale/?iid=SF_F_River

Questions for Discussions:

• How was the $6 billion loss kept hidden?
• Do you believe management and the firm have been adequately dealt with by the marketplace, investors, and  regulators?