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White Men Losing Money

  1. Senate Report Blasts JPMorgan Over ‘London Whale’ LossesIt was a bit more serious than a “tempest in a teapot.”
  2. JPMorgan Risk Committee Not Overly Concerned With Finance, RiskIn fact, no one involved has any recent banking experience.
  3. Lehman Brothers Probably Won’t Ever Be Charged With AnythingMore than three years later …
  4. Report: Dimon ‘Couldn’t Breathe’ When He Saw JPMorgan LossesThe report also says the losses could total as much as $5 billion.
  5. JPMorgan’s Trading Loss Said to Reach at Least $3 BillionAs previously speculated.
  6. ‘London Whale’ on His Way Out at JPMorganObviously.
  7. JPMorgan Sued by Shareholders Over LossesSome investors aren’t taking that $2 billion misstep so well.
  8. JPMorgan Shareholders Approve Jamie Dimon’s Pay Amid Justice Department InquiryThe CEO’s pay package was approved, but probably before the bank announced its huge loss.
  9. Hedge-Funder Philip Falcone’s Big Wireless Bet Goes BustLightSquared has filed for bankruptcy.
  10. JPMorgan Not Done Answering for $2 Billion LossThe fallout from the $2 billion loss isn’t over yet.
  11. Meet JPMorgan’s ‘London Whale’ Bruno IskilHe’s the man responsible for $2 billion in losses so far.
  12. Bank of America Had a Real Case of the MondaysWorse than yours, probably.
  13. A 2012 Recession Is More Likely Than NotGreat.
  14. Goldman Sachs Was Consistently Bad Last QuarterTwenty-one days of losses.
  15. Goldman Sachs Posts a LossIt’s a little bit worse than expected.
  16. Goldman Sachs Might Barely Give Out Bonuses This YearUh-oh.
  17. Sergio Ermotti Probably Isn’t Enjoying His Promotion All That MuchWould YOU want to run UBS right now?
  18. Guy Who Lost UBS $2.3 Billion Is ‘Sorry,’ Says His LawyerWell, that changes everything!
  19. Rogue UBS Trader Lost More Like $2.3 BillionUp from initial $2 billion estimate.
  20. A Rogue Trader at UBS Lost $2 Billion [Updated]Happy third anniversary of the Lehman collapse!
  21. Bank of America Will Cut 30,000 Jobs and $5 Billion in Annual Expenses [Updated]Those are large numbers.
  22. Bank of America Had a ‘Tuesday Massacre’Two top execs are gone and two are moving up.
  23. UBS Will Slice 3,500 JobsYowch.
  24. Stocks Take a Massive Late-Day Tumble After Brief RallyThey’re just doing this for the attention, aren’t they?
  25. Another Way 2011 Isn’t Exactly Like 2008Even John Paulson can’t make money.
  26. Stocks Plummet Yet Again, and This Time It’s France’s FaultNearly erasing Tuesday’s gains.
  27. This Isn’t 2008 All Over Again, ExactlyEven if it looks a whole lot like it.
  28. Stocks Dip Sharply South, AgainBut man, gold is killin’ it.