JPMorgan, BlueMountain Quietly Unwind Whale Trades

JPMorgan, BlueMountain Quietly Unwind Whale Trades Play

June 21 (Bloomberg) -- Bloomberg's Stephanie Ruhle reports that BlueMountain, a hedge fund run by a formerJPMorgan Chase & Co. executive who helped create the credit-derivatives market is aiding the lender as it unwinds trades in an index at the heart of a loss of more than $2 billion. She speaks on Bloomberg Television's "In The Loop."

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