Matt Zames Named as new CIO of $JPM. He has experience as a trader from LTCM and is Chairman of the Treasury Borrowing Advisory Board.
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Great. That’s just who I would want running the show, one of the guys responsible for one of the very first potential global meltdown escapades. What’s the matter was Meriweather too busy blowing up another fund to take the gig?
LOL. What a crock. They bail and we get stuck with the bill.
Po Pimp,
i guess they figure he is seasoned, but the problem is layering bets on both sides that blows up in ny experienced traders face.