JP Morgan’s Regulatory Arbitrage Of Turning Financial Loss Into Political Profit

Published on May 21, 2012 by CapitalAccount

Follow us @
http://twitter.com/laurenlyster
http://twitter.com/coveringdelta

Welcome to Capital Account. Bloomberg reports investors are worried JP Morgan is planning to pull back in the European mortgage bond market in the wake of the CIO disaster, causing significant volatility. JP Morgan is the biggest buyer of European home-loan bonds. Is this just one of many examples of how JP Morgan’s reckless 2 billion dollar trading loss may be felt most by [...]

Goldman Sachs exec ‘caught on tape leaking secrets about Apple and Intel’ to hedge fund owner convicted of insider trading

Goldman Sachs worker caught on wiretap leaking secrets about Apple and Intel to Raj Rajaratnam

A person at Goldman Sachs Group Inc, who has not been identified or charged in a broad U.S. insider-trading probe, was caught on a wiretap leaking secrets about Intel Corp and Apple Inc , a lawyer for former Goldman board member Rajat Gupta said in court on Friday.

Lawyer Gary Naftalis, in a heated exchange with U.S. [...]

FLASH: Ex-Goldman Sachs and Proctor & Gamble director Rajat Gupta indicted on insider trading charges