JPMorgan's Chief Investment Officer Quits After Loss of $2 Billion - MQL4 and MetaTrader 4

[Deleted] 2012.05.15 11:27 #1071

JPMorgan's chief investment officer Ina Drew has resigned despite 30 years of service and the fact that she helped the bank ride out the financial crisis in 2008. She is stepping down because of a $2bn loss the bank sustained on credit derivatives transactions. RB.ru - Business Network. 16:43

U.S. President Barack Obama said the gigantic financial losses at J.P. Morgan Chase, the largest U.S. bank, illustrate the advisability of passing a financial regulation law that would allow an investigation into the incident, the Associated Press reported. RIA Novosti 06:48

Late last week, JPMorgan unexpectedly reported a whopping $2 billion in trading losses to the market. In an interview with NBC, the bank's CEO , Jamie Dimon, admitted to letting the actions of its investment division employees get out of hand.

U.S. considering arrests in JPMorgan paying $920 million Jamie Dimon Gets Pay

margaret 2012.05.15 13:25 #1072

strangerr:

Thank you, Margaret.

Eugene Romanov 15.05.2012 - 17:24

Net Capital Outflow from the Americas 50 Yards Apart
This is a lot
This is VERY much
2012.05.15 15:01:40 TIC: Net Foreign Capital Outflow $49.9B In Mar
America is sinking
So the dollar is not alive either
And buying is the last agony probably
Well I don't believe in the dollar, it's fake
Stops are dogging
Unless it comes back at least to where it dropped above 1.28 before morning
Like 1.2840
We have to shoot
Because it is too far!

This is nonsense.

Evgeny Romanov 15.05.2012 - 18:36

So here's to the question of support lines, or resistance lines it doesn't matter. Here is the weekly vector, it is conspicuous by (1) two weeks of closing prices on it perfectly, and (2) right below it, and (3) the slope angle is less than 45 degrees. A steady trend is said to be 45. If steeper, it goes to 45. If it's less than 45, then - maybe? - it's not a trend? God help us, let it not be a spring trend. Please! Let the spring trend reverse and go to 1.35... Capital outflows from the states, not as strong as during the Lehman brothers, but 50bn a month net withdrawal by foreigners - for that alone we need to show 1.40! So, there are right lines and there are wrong lines, and your job is to build the right ones, not to say they don't exist. They are. It's easy to say there isn't, and the bribe is off. And what I'm afraid of is that they're about to start bouncing back down from it. You see, the first week is above it (that line hasn't been formed yet at the time of buying), the second week is third below it and - either up or it may be painfully down, which we don't need at all. Eh, told you, May can be a big arsehole if you don't get it right. You go there, and you go there...