So when he said in his email that you said that the current losses are 1.6, what you are saying is you told him that the...
It seems to our review that, absolutely, the----
That is not when these trades were made? That is the issue.
Jamie Dimon testified to the Senate that the SCP was to protect against a financial crisis
In fact, it was increasing in size.
Do not put it in emails.
The Whale Trade issue is considered closed--email went out to Senior Management yesterday.
We had some concerns about overall governance and transparency of the activities.
But were they caught at the OCC?
Is it common inside JPMorgan to change your pricing practices when the losses start piling up in order to minimize the l...
shifting the pricing practices to minimize losses is not acceptable.
Is that correct?
Well, the math may work out for you, but the question is whether or not that is what you said, and we will find out more...
Thank you very much.
We will have 12-minute rounds, if that is OK.
I would have considered that is the wrong thing to do.
There was no relationship between the fact that the losses were piling up and that there was a way in which the marks we...
The individual trades, the positions they were taking, they did not get your approval.