Exactly Whose Money Did the London Whale Lose?
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Sept. 24 (Bloomberg) -- Whose $6 billion did JPMorgan Chase& Co. lose during the now-infamous London Whale debacle?
Was it depositors’ money or shareholders’ money? Or was nomoney lost at all? And was the whole thing the very “tempest ina teapot” that Chief Executive Officer Jamie Dimon originallycalled it?