2013-03-17bloomberg.com

``By withholding data "they gave rise to an immense amount of regulatory risk, as we're seeing right here," said Clifford Rossi, a former risk manager and managing director at Citigroup Inc. who now teaches at the University of Maryland's Robert H. Smith School of Business. "In this situation, it makes it look like he had something more to hide," Rossi said of Dimon.''

See also LONDON WHALE: 'It Is Hopeless Now... We Are Dead I Tell You... I Am Going To Be Hauled Over The Coals':

Mr. Iksil: "It is over/it is hopeless now. ... I tell you, they are going to trash/destroy us. ... [T]onight you'll have at least [$]600m[illion], BID ASK, MID. BID ASK, YOU HAVE [$]300M[illion] AT LEAST... it is everywhere/all over the place. we are dead i tell you.''

...

Despite the emails predicting losses of between $300 million and $600 million, at the end of the day on March 23, 2012, the CIO reported internally a daily loss of only $12.5 million."

And, for that matter, this: Is This The Email That Ended The Career Of JPM's Chief Risk Officer? and this: Ina Drew Throws Jamie Dimon Under The Bus.



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