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Now If You'll Excuse Him, Martin-Artajo Has A Pool-Side Massage Appointment To Get To

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Former JP Morgan trader Javier Martin-Artajo was released after telling a Madrid court he opposed attempts by U.S. prosecutors to extradite him on charges he hid trading losses that cost the bank $6.2 billion. The former trader turned himself in this morning after being contacted by investigators, a Spanish police official said. He was released after a hearing in Madrid today in which he said he was unwilling to be extradited, according to a spokeswoman for the National Court. The U.S. this month charged Martin-Artajo, a Spanish citizen, and Julien Grout, a French citizen, with trying to hide the losses stemming from trades by Bruno Iksil, the Frenchman at the center of the case who became known as the “London Whale.” Grout and Martin-Artajo face as long as 20 years in prison if convicted of the most serious counts, including conspiracy and wire fraud...Martin-Artajo’s lawyer, Lista Cannon, didn’t immediately respond to a call seeking comment today. He “is confident that when a complete and fair reconstruction of these complex events is completed, he will be cleared of any wrongdoing,” a spokeswoman for his law firm said earlier this month. [Bloomberg, Earlier: If There’s Some Reason Indicted JP Morgan Employee Should Cut Vacation Short, Fly To U.S., He Hasn’t Heard It]

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