GOLD 0.51% $1,391.7 gold futures

why buy gold doesn't help a bank, page-40

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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
 
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