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Financial Reform and the London Whale

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  • Jan Kregel
Abstract
The recent report by the Senate Permanent Subcommittee on Investigations on the operations of JPMorgan Chase's Synthetic Credit Portfolio unit--aka the London Whale--has brought renewed attention to the risks of proprietary trading for insured banks, and provides depth to the larger risks inherent in the financial system after Dodd-Frank.

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  • Jan Kregel, 2013. "Financial Reform and the London Whale," Economics One-Pager Archive op_38, Levy Economics Institute.
    • Handle: RePEc:lev:levyop:op_38
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