03/02/2009
https://www.congress.gov...
"Now, in May 2012, after the media disclosure of the whale trades, the bank determined the new VaR model was not portraying the SCP's risk accurately."
"I am not talking about what is on the tapes. I am talking about the shift in the way these marks are made."
"one of our recommendations in our report is that the OCC get banks to use independent pricing services"
"it was Mr. Dimon who was responsible for directing the data cutoff."