Don’t use Bruno “Michel” Iksil’s middle name when referring to him and he doesn’t appreciate the nickname “London Whale.” And oh, by the way, there was market manipulation afoot that caused $6.2 billion “London Whale” derivatives trading losses at JPMorgan, he claims in a letter reported by major media earlier this week. Iskil doesn’t like it when his middle name is used in public; objects to the nickname “London Whale” Iskil started the letter, whose authenticity was confirmed by Bloomberg, with instruction to the media on, exactly, how his name is to be expressed in public. Avoid use of his…
On This Page
- Iskil doesn't like it when his middle name is used in public; objects to the nickname "London Whale"
- Iskil was just following orders and gave risk warnings
- Derivatives were a significant concern among regulators in 2008, and the London Whale raised old alarm bells
- Iskil yells “market manipulation”
- Iskil expresses concerns over "information leaks," as well as "targeting" of JPMorgan positions
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