JP Morgan's $2 Billion "Oops," the Euro's Demise, Millennials IT Workers, and More 

JP Morgan makes a $2 billion trading error, the Euro may still flounder and millennials are having a big impact on the modern IT workforce. Wall Street & Technology keeps you in the loop by compiling some of the best quotes of the week.
By Greg MacSweeney
May 11, 2012

1. Oops

JP Morgan's strategy was "flawed, complex, poorly reviewed, poorly executed and poorly monitored."

— Jamie Dimon, CEO of JP Morgan Chase, said Thursday discussing the bank's $2 billion in in trading losses during a hastily arranged conference call with analysts and investors after the stock-market close.

Source: The Wall Street Journal



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