Tag: jp morgan

$4 Trillion Pension Disaster

Senate Banking Committee grilled Dimon over $2 billion trading loss at his London office, while his firm was hiding evidence of a $4 trillion pension disaster. While the Senate Banking Committee last week spun its wheels trying to get JP…

How Hedge Funds Won From Trade Gone Wrong

At the beginning of February 2012, Boaz Weinstein bought Markit CDX North American Investment Grade Series 9 10-Year Index (IG.9) credit default swaps, with a December 2017 maturity. He told the Harbor Investment Conference days later that these CDS’ were…

Hedge Funds Profit from JP Morgan’s $2.3 Billion Loss

Hedge Funds Gain from trading loss When you hear the word “lunch” don’t assume you’re doing all the eating. Wall Street Journal reported Friday that $7 billion BlueMountain Capital Management and $35 billion BlueCrest Capital Management were among the firms…

Hottest Women in Finance Xenia Tchoumitcheva

Swiss model and celebrity Xenia Tchoumitcheva, who interned at London hedge fund Duet Group and JP Morgan Chase, told about working in finance. “I have to say it was a very positive experience for me, better than any other industry…