The trader at the center of the “London Whale” trading debacle has broken nearly four years of silence by taking aim at former employer JP Morgan, saying he was made a scapegoat for trades that were “initiated, approved, mandated and monitored” by senior management.
Bruno Iksil also said that he resents the London Whale nickname, which was devised by rival traders to dramatise the size of JP Morgan's bets in corporate debt markets.
