Hundreds of miles from the bustling trading rooms where he worked with the "London Whale", a former JPMorgan trader has taken refuge in a French hamlet where few have heard of the $6.2 billion scandal to which he is being linked. U.S. authorities on Wednesday filed charges against Julien Grout for crimes related to the scandal, including wire fraud, conspiracy and the falsifying of books and records. But in sun-drenched Sarrazac, a village of two dozen stone houses built around a medieval church in southern France, the affair had barely registered before this week...."He has just arrived, he seems to be a very nice guy," said Sarrazac mayor Habib Fenni, who met Grout a day earlier and was not aware of JPMorgan's troubles or the role the French village's new resident is alleged to have played in them. Village restaurant owner Chantal Guerby, meanwhile, described Grout as "a nice guy who keeps himself to himself". [Reuters]
London Whale Prevents Tragic Miscarriage Of Justice
It turns out he was trying to put the wrong people in jail.
London Whale Also Not Responsible For Those Last 10 Pounds You Haven't Lost
There are a lot of things that, if you wanted to, you could legitimately blame on former JP Morgan employee London P. Whale. The $6.2 billion trading loss the bank incurred over the summer. Ina Drew getting fired. This awkward phone call. Some stuff you can't pin on him, though many have tried: male pattern baldness, the bombing of Pearl Harbor, Apple Maps, Lehman Brothers' bankruptcy, tempting as it may be.
JPMorgan Isn't Ready To Let Bruno Iksil Go
You can take your said to be leavings and stick them where the sun don't shine for all Jamie Dimon cares! Bruno Iksil, the London-based JPMorgan Chase & Co trader known as the "whale" believed to have been involved in the company's $2 billion loss in derivatives, is still employed by JPMorgan, a spokeswoman for the bank said on Wednesday. Kristin Lemkau responded to a report on the New York Times website saying that Iksil is leaving the company. "He is still employed," Lemkau said. JPMorgan still employs "whale" trader [Reuters] ‘London Whale’ Said to Be Leaving JPMorgan [Dealbook]