If you are talking about the 2B loss its no big deal. They have the cash to cover it and the trader/s are likely going to be fired for ignoring the risk models they have in place.
If you are talking about the 2B loss its no big deal. They have the cash to cover it and the trader/s are likely going to be fired for ignoring the risk models they have in place.
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Yea JP took all that with no issues. No one was replaced except the employee who did it, it was actually 3B though.