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."

  • On Air Now

    In The Loop with Betty Liu Watch Now

  • Next

    Market Makers

blog comments powered by Disqus