How Could I Miss That? Jamie Dimon on the Hot Seat
Harvard Business Review
JUNE 13, 2012
In 2011, the company dropped its requirement to exit investment positions when losses exceeded $20 million. On April 4 of this year, Dimon read a short article in the Wall Street Journal about a JPMorgan trader in London, Bruno Iksil, who was making massive bets that exposed the bank to high levels of risk.
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