JPMorgan To Clawback Bonuses, Will Announce CIO Loss Just Over $5 Billion

So JPMorgan's whale trade losses out of their CIO office in London "only" amounted to $5 billion, less than the feared $9 billion, but much more than the initial estimates of $2 billion.  All is well--move along.


http://www.zerohedge.com/news/jpmorgan-clawback-bonuses-will-announce-cio-loss-just-over-5-billion