May 10, 2012 by RadocracyTV
***JP Morgan & The London Whale***
http://www.marketwatch.com/story/jp-morgan-reveals-surprise-2-billion-trade-l...
http://www.marketwatch.com/story/jp-morgan-reveals-surprise-2-billion-trade-l...
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JPMorgan Discloses 2 Billion in Trading Losses
The news also hit shares of several other large banks after hours.
Shares of Bank of America Corp. BAC -0.39% , Citigroup Inc. C +0.66% , Goldman Sachs Group Inc. GS -0.90% , Morgan Stanley MS +0.71% , and Wells Fargo & Co. WFC +1.72% were down about 2% or more after hours.
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