Is the high-risk culture of big banks to blame

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Bruno Iksil, the so-called London Whale, was charged with managing over the loss of $6.2 BILLION at J.P. Morgan Chase & Co. in 2012. Where does it end? Who is responsible for these staggering loses? Where were the checks on trading accounts? Where was Iksil's manager? What were this employee's ethics, if any? Is the high-risk culture of big banks to blame? Are these banks too big to fail and too big to regulate? These questions are conversation starters - answer these questions or raise your own points.

Reference no: EM131275483

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