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Expert: JPMorgan Loss a Risk Control Failure

After JPMorgan Chase announced a $2 billion loss on derivatives since March, share prices plunged Friday, leaving the bank's reputation in tatters. Gregori A. Volokhine of Meeschaert Capital Markets, Inc. dubbed the shocking loss a risk control failu

http://www.wtsp.com/video/1634455596001/1/Expert-JPMorgan-Loss-a-Risk-Control-Failure http://cdn.newslook.com/a4/a49f48f046c0e72029734587ed299004/images/frame_0004.jpg Expert: JPMorgan Loss a Risk Control Failure After JPMorgan Chase announced a $2 billion loss on derivatives since March, share prices plunged Friday, leaving the bank's reputation in tatters. Gregori A. Volokhine of Meeschaert Capital Markets, Inc. dubbed the shocking loss a risk control failu United StatesBarack ObamaGregori VolokhineInc.Citigroup Inc.NewsbusinessLondonJP MorganJPMnewslookmoneyBANK OF AMERICA CORPORATIONtradingDick BoveFinancedouglas mcintyrecmsTHE GOLDMAN SACHS GROUPjamie dimonBACBarney Frankmorgan stanleyNew YorkCarl Levinbruno michel iksilgsJPMorgan Chase & Co. 00:48

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