Archive for May 27th, 2012

JPMorgan board to shake up risk committee – WSJ

May 27, 2012
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(Reuters) – The board of JPMorgan Chase & Co is expected to make changes to its risk-policy committee after the bank’s trading losses of more than $2 billion, The Wall Street Journal reported on Friday, citing anonymous sources.
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Minute by minute, Nasdaq chaos engulfed Facebook IPO

May 27, 2012
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(Reuters) – Dead silence. For nearly 20 minutes on the morning of Facebook Inc’s trading debut last Friday, the line Nasdaq had opened up to keep traders informed about the social media company’s $16 billion IPO had been mute. Well after the stock was supposed to have opened at 11 a.m. New York time,...
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