JPMorgan Blaming Marks on Traders Baffles Ex-Employees

There was enough noise around J.P. Morgan's earnings that one could be forgiven for forgetting to talk about the actual banking results. But as Jamie Dimon pleaded at the start of his two-hour conference call, it is worthJPMorgan Chase says losses from a massive trading blunder in the bank's London have reached $5.8 billion and could go as high as $7 billion. The bank Friday said it will be forced to restate its first-quarter results after it was discovered traders mayJPMorgan Chase says losses from a massive trading blunder in the bank's London have reached $5.8 billion and could go as high as $7 billion. The bank Friday said it will be forced to restate its first-quarter results after it was discovered traders mayMore than anything else the "London Whale" trading issue and the surrounding concerns led JPM stock sold off by 16 percent between May 10 and July

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