Relevant:
- JPM Takes 'Significant Loss' in Derivatives Book - 'Could Get Worse'
- JPMorgan Counterparty Platt Says Bank's Loss May Widen; Were Not "Hedges"
- JPMorgan Employees Sue Jamie Dimon, Ina Drew Over Losses
- JPMorgan Employees Sue Jamie Dimon, Ina Drew Over Losses
- JPMorgan Report Piles Pressure on Dimon in Too-Big Debate
2012-05-17 — nytimes.com
When Jamie Dimon, JPMorgan's chief executive, announced the losses last Thursday, he indicated they could double within the next few quarters. But that process has been compressed into four trading days as hedge funds and other investors take advantage of JPMorgan's distress, fueling faster deterioration in the underlying credit market positions held by the bank.
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