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View Full Version : OMG! JP Morgan said to TRANSFORM TREASURY to PROP TRADING




wgadget
04-13-2012, 05:28 AM
Scary stuff. The guy talking about it on Bloomberg radio sounded nauseous and rightly so.

http://mobile.bloomberg.com/news/2012-04-13/jpmorgan-said-to-transform-treasury-to-prop-trading?category=%2F

Bern
04-13-2012, 05:43 AM
When you are gambling with other people's money, is it really gambling?

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I think Bloomberg just essentially called Blythe Masters an idiot.