Monsters like the London Whale swim in waters too deep to fathom
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Monsters like the London Whale swim in waters too deep to fathom

Brussels : Belgium | Jul 14, 2012 at 4:19 PM PDT
Source: Guardian Unlimited
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The truth is that modern banks are not only too big to fail, but too big to manage Click to see the cartoon at full size The "London Whale", Bruno Iksil the JP Morgan trader who oversaw a catastrophic series of complex bets at its City headquarters, and who was finally harpooned on Friday is now estimated... FULL ARTICLE AT Guardian Unlimited
 
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