Jeśli kogoś zainteresowała publikowana
wcześniej na Grupie historia London Whale (http://dealbreaker.com/2012/05/the-tale-of-a-whale-of-a-fail/),
gdzie zostało opisane, jak londyńskie biuro JP Morgan poniosło stratę rzędu
ponad 6 mld USD, polecam przeglądnąć raport przygotowany przez komisję
amerykańskiego Senatu. Po kolei jest w nim opisane, jak złamane zostały
regulacje dotyczące kontroli ryzyka w jednym z największych amerykańskich
banków.
"The JPMorgan Chase whale
trades first drew public attention in April 2012. Beginning that same month,
Senator Carl Levin’s office made preliminary inquiries into what happened and
subsequently received a series of briefings from JPMorgan Chase. On June 13,
2012, the U.S. Senate Committee on Banking, Housing, and Urban Affairs held a
hearing in which JPMorgan Chase’sChief Executive Officer Jamie Dimon testified
and answered questions about the whale trades. On June 19, 2012, Mr. Dimon
appeared at a second hearing before the U.S. House Committee on Financial
Services.
In July 2012, the U.S. Senate
Permanent Subcommittee on Investigations initiated a bipartisan investigation
into the trades. Over the course of the next nine months, the Subcommittee
collected nearly 90,000 documents, reviewed and, in somecases transcribed, over
200 recorded telephone conversations and instant messaging exchanges, and
conducted over 25 interviews of bank and regulatory agency personnel. The
Subcommittee also received over 25 briefings from the bank and its regulators,
including the Office of the Comptroller of the Currency (OCC) and Federal
Deposit Insurance Corporation (FDIC), and consulted with government and private
sector experts in financial regulation, accounting practices, derivatives
trading, and derivatives valuation."
