white men losing money

‘London Whale’ on His Way Out at JPMorgan

Bruno Iksil, the man believed to be mostly responsible for JPMorgan’s loss of $2 billion, is following his boss Ina Drew to the Wall Street sacrificial slaughter. Although he “is still employed,” according to the Times, “he is no longer trading on behalf on the bank and is expected to be gone by the end of the year.” Judging by recent history when it comes burning one’s controversial employer with hubris, we’re predicting a book deal.

Previously: Who Is the London Whale?

‘London Whale’ on His Way Out at JPMorgan