22 10 / 2012

"Witness the recent case of JPMorgan’s losing $6 billion on reckless trades, claiming it was a “hedge” and allowing the executives who ran the group to leave with millions of dollars’ worth of golden parachutes."

Greg Smith’s latest op-ed. Which executives, exactly, left JPM “with millions of dollars’ worth of golden parachutes”?

Viewpoint: How Wall Street Rigs the Game | TIME.com

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