` JPMorgan Chase Loses $2 Billion In Bad Hedging Trade

JPMorgan Chase Loses $2 Billion In Bad Hedging Trade

on May 13, 2012 in Fox News, Media Center by Ed Butowsky | No Comments »

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There is some new fallout from the nations largest bank who’s already had its stellar credit rating lowered after JP Morgan Chase. Now under federal investigation, JP Morgan Chase admits it has lost $2 billion from bad trades in just the past six weeks. Critics are saying that its proof that big banks still do not understand the risks their taking. What about the fallout for the average American will we see massive ripple affects in that industry and in your pocket? Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News to discuss what are hedging trades and the true impact of this problem.

Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.

 


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About Ed

Ed Butowsky is a nationally-recognized expert in investment management. Butowsky has been in the financial services industry for over 25 years. He was previously a Senior Vice President at Morgan Stanley and a Managing Director ... More »

Contact

Ed Butowsky, Managing Partner
Chapwood Capital Investment Management, LLC
Website: www.chapwoodinvestments.com
Email: ed@chapwoodinvestments.com
Phone: (972) 865-2225