JPMorgan CIO Swaps Pricing Said to Differ From Bank
By Matthew Leising, Mary Childs and Shannon D. Harrington - May 31, 2012 10:27 AM MT
The net amount of credit-swaps protection sold by JPMorgan soared eight-fold to $97.4 billion in the three months ended March 31, Federal Reserve data show. The bank held total credit swaps contracts on $6.05 trillion, the biggest among the six- largest U.S. bank holding companies, the data show.
Thursday, May 31, 2012
I was astonished to find out how much JP Morgan had in the Credit-default swap Casino:
Posted by Steve J. at 9:16 PM