Organization Culture regarding linked article
Summary
In the two referenced articles JPMorgan $2B Trading Loss Roils Markets, Raises Fears About Bank Risks (Mcguire & Kim, 2012) and In the two referenced articles JPMorgan $2B Trading Loss Roils Markets, Raises Fears About Bank Risks and Why JPMorgan May Have The Best Strategy On Wall Street we compare two different perspectives. In the first, the authors describe the huge loss incurred by the giant corporation JP Morgan Chase & Co. over the past 6 months. The article cites CEO James Dimon attributing these losses to “egregious” errors in a unit managing risks and “sloppiness and bad judgement”. It ...