Posted by & filed under Company Analysis, Governments & Regulators, Industry Analysis, Management Issues.

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?

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