I’ve started to take greater interest in JPMorgan’s London Whale trading scandal in light of the information that has been uncovered. Anyone masochistic enough to sift through the Levin-McCain report can do so at Propublica. FT Alphaville is running a series of posts based on the findings in the report. There are currently four parts in the series (here). I expect that more will be added. Please note that registration is required on the FT Alphaville blog.
It’s not the kind of report that sheds a positive light on the bank run by one of the most outspoken opponents of financial reform. Schadenfreude, anyone?
Returning with a sidebar post and no big announcement or reintroduction of yourself? Nihilist.Report
Would you like to do the honors?
Hamas sympathizer.Report
Welcome back. I was hoping that little email exchange the other day portended your return.Report
I had a nice email exchange with Mark. Was that the exchange you were referring to?Report
Sorry, I wrote that poorly. Obviously I have no knowledge of what was in any email communications. I meant the comment about getting your old job back and then your request that he email you.
I’ve been pretty blunt for the past half year or so about my view that the League needed a bit more enforcement of the commenting policy (while recognizing that everyone is, of course, busy as hell), so in addition to your writing contributions I’m happy to see you.Report
Thank you. I was undercaffeinated when I read that.
It did. I didn’t think it would be right to behave like a bouncer without trying to make meaningful contributions so I thought I’d do a little writing, for whatever that ends up being worth.
I like enforcing the commenting policy. I even assigned myself an email address: ChiefofCommentingPolicyPolice@gmail.com
Did I mention that I have a very odd sense of humor?Report
Note that you’re required to register to read the articles.Report
My apologies. I registered so long ago and my work PC has the password stored. I completely forgot.Report
Thanks be to God Gaea and Baby Jesus, Dave’s back!Report
I am back, and I was just re-deputized at the Chief of The Commenting Policy Police. I loved my old job. I think I’m going to have to find matoko chan so I can get myself back into shape.
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I think we knew this was coming, though the scale and extent is rather unnerving.Report
Nob,
It’s especially unnerving given that the loss occurred in markets that weren’t volatile and that they should have known better much earlier and cut their losses. Then there’s the fact that if you ask 10 different what SCP was hedging against, you get 11 different answers.Report
A shame this kind of investigation only happens when a member of Congress is retiring and has nothing to lose.Report
just make more retire.
Or do the Blanche Lincoln game, where the liberals hauled her into doing her job on the Agriculture Committee (regulating derivatives)Report