Description:  Bank’s loss is embarrassment for CEO, fodder for regulators

Source: Marketwatch.com

Date: May 11, 2012

Link: http://www.marketwatch.com/story/jp-morgan-shares-slump-after-2b-trading-loss-2012-05-11?siteid=nwtwk 

Questions for Discussions:

• Summarize the reasons for the loss.
• What do you believe this event will mean for the company, management, and regulators?