@roboquant: One trader. $6.2 billion in losses. And two weeks before the news broke, the CEO called it 'a tempest in a teapot.' ⚡ The London Whale is the story of how a bank's risk management desk — the team supposed to REDUCE risk — became the biggest systemic risk in the firm. Bruno Iksil's positions were so large they moved the entire credit derivatives market. Slide 3 shows exactly how hedge funds identified the position and engineered the squeeze. This is how the pros hunt whales. #Finance #LondonWhale #JPMorgan #Trading #RiskManagement

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Friday 08 May 2026 22:33:24 GMT