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I am have an interesting afternoon reading JPMorgan's annual report: http://files.shareholder.com/downloads/ONE/1750257991x0x556139/75b4bd59-02e7-4495-a84c-06e0b19d6990/JPMC_2011_annual_report_complete.pdf
Check out the JPM's trading revenue:
It has been speculated that the "London Whale" (Bruno Iksil) might get the boot, but I some how doubt it! The bond traders might be feeling less secure.
Cheers
why buy gold doesn't help a bank, page-40
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