Subscribe to the Magazine
Give a Gift Subscription
Buy Back Issues
Current Issue Contents
New York Magazine
Displaying all articles tagged:
White Men Losing Money
Senate Report Blasts JPMorgan Over ‘London Whale’ Losses
It was a bit more serious than a “tempest in a teapot.”
JPMorgan Risk Committee Not Overly Concerned With Finance, Risk
In fact, no one involved has any recent banking experience.
Lehman Brothers Probably Won’t Ever Be Charged With Anything
More than three years later …
Report: Dimon ‘Couldn’t Breathe’ When He Saw JPMorgan Losses
The report also says the losses could total as much as $5 billion.
JPMorgan’s Trading Loss Said to Reach at Least $3 Billion
As previously speculated.
‘London Whale’ on His Way Out at JPMorgan
JPMorgan Sued by Shareholders Over Losses
Some investors aren’t taking that $2 billion misstep so well.
JPMorgan Shareholders Approve Jamie Dimon’s Pay Amid Justice Department Inquiry
’s pay package was approved, but probably before the bank announced its huge loss.
Hedge-Funder Philip Falcone’s Big Wireless Bet Goes Bust
LightSquared has filed for bankruptcy.
JPMorgan Not Done Answering for $2 Billion Loss
The fallout from the $2 billion loss isn’t over yet.
Meet JPMorgan’s ‘London Whale’ Bruno Iskil
He’s the man responsible for $2 billion in losses so far.
Bank of America Had a Real Case of the Mondays
Worse than yours, probably.
A 2012 Recession Is More Likely Than Not
Goldman Sachs Was Consistently Bad Last Quarter
Twenty-one days of losses.
Goldman Sachs Posts a Loss
It’s a little bit worse than expected.
Goldman Sachs Might Barely Give Out Bonuses This Year
Sergio Ermotti Probably Isn’t Enjoying His Promotion All That Much
want to run
Guy Who Lost UBS $2.3 Billion Is ‘Sorry,’ Says His Lawyer
Well, that changes everything!
Rogue UBS Trader Lost More Like $2.3 Billion
Up from initial $2 billion estimate.
A Rogue Trader at UBS Lost $2 Billion [Updated]
Happy third anniversary of the Lehman collapse!
Bank of America Will Cut 30,000 Jobs and $5 Billion in Annual Expenses [Updated]
Those are large numbers.
Bank of America Had a ‘Tuesday Massacre’
Two top execs are gone and two are moving up.
UBS Will Slice 3,500 Jobs
Stocks Take a Massive Late-Day Tumble After Brief Rally
They’re just doing this for the attention, aren’t they?
Another Way 2011 Isn’t Exactly Like 2008
Even John Paulson can’t make money.
Stocks Plummet Yet Again, and This Time It’s France’s Fault
Nearly erasing Tuesday’s gains.
This Isn’t 2008 All Over Again, Exactly
Even if it looks a whole lot like it.
Stocks Dip Sharply South, Again
But man, gold is killin’ it.