Bloomberg Says Comparing JPMorgan To Nazis ‘Beneath Our Standards’

The comparison made between the strife in an Italian town after a bad derivative deal with JPMorgan Chase & Co. (NYSE:JPM) to the fall out of Nazis is consistent, according to a review done by Bloomberg. Clark Hoyt, an editor-at-large at Bloomberg found in his review that the controversial article in Bloomberg is inconsistent with Bloomberg News’ high standards. Bloomberg’s controversial article At the center of attention is a Bloomberg article published in 2011 by Elisa Martinuzzi and Vernon Silver wherein they reported borrowings that grew because of a derivative that backfired. The Bloomberg piece reports that soaring costs forced Cassino,…