UNISONActive is an unofficial blog produced by UNISON activists for UNISON activists. Bringing news, briefings and events from a progressive left perspective.
Showing posts with label JP Morgan. Show all posts
Showing posts with label JP Morgan. Show all posts

Tuesday, 15 May 2012

The 2 Billion Dollar Loss By JP Morgan - The Coming Collapse of the Derivative Market?

When news broke of a $2 billion dollar trading loss by JP Morgan, much of the financial world was absolutely stunned. But the truth maybe something far more dangerous. JP Morgan is just a very small preview of what is going to happen when we see the collapse of the worldwide derivatives market.