8. Why Is JPMorgan Running a Hedge Fund?
When they asked him tough questions about risk and whether the bank was running a hedge fund, he avoided answering and they didn't push him. The bank lobby got what they wanted today, and that's why the stock is up.
- Paul Miller, head of financial services research at FBR Capital Markets.
Phil Albinus is the former editor-in-chief of Advanced Trading. He has nearly two decades of journalism experience and has been covering financial technology and regulation for nine years. Before joining Advanced Trading, he served as editor of Waters, a monthly trade journal ... View Full Bio