London Whale Arrests Coming

According to DealBook, US officials will seek the arrests of two JPMorgan employees based in London for covering up the $6 billion loss… Those trades soured last year, racking up steep losses for the bank. JPMorgan, which initially disclosed the problem last May, has since announced that the losses reached more than $6 billion. After…

This Week on TRB

Here were the most read posts on TRB this week, in case you missed them: Why Are America’s Great Value Managers Hoarding Cash? Oh. My. God. Confessions of an Institutional Investor Nine Surprising Things Jesse Livermore Said I don’t understand.