When tings seemd to move in a right direction,a new threat menace the world financial stability.At this time the protagonist is not defunct Leman Brothers,and another investment bank more exactly JP Morgan Chase
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According to Bloomerg JPM was involved in a disaster trading with derivates that produced 6,2 bilion $ losses. I was asking could this produce a new financial disasters? I hope no...
The JPM CEO Jamie Dimon , assure us that everything is under control.After Leman Brothers collapse trust in bankers decreased in eyes of the populations.This story reminded me about former Societe Generale Jerome Kerviel he produced 6,5 bilion euro losses.
This case resemble with 2008 case where Jerome was involved
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