1. Does this case indicate that JPMorgan and the federal government were in a collaborative partnership or working at arm’s length? Why do you think so?JPMorgan and the Federal Government were working at arm’s length in the beginning. JPMorgan, along with the other “big banks”, argued with congress about Imposing government rules when it came to the trading of derivatives. 2. Which stakeholders benefited, and which were hurt, by JPMorgan’s actions in this case? For those that were hurt, wasn’t this a risk they were willing to take?The stakeholders that were hurt were stockholders, shareholders, the company itself. Competitors everyone was affected. 3. Were the regulations of derivatives trading legislated by congress in 2010 an example of economic or social regulations? What were the arguments in favor of and opposed to these regulations?This would be an economic regulation. The argument in favor for this would be that JPMorgan the largest of the banks cannot handle risk that no one as a bank. Those opposed to the regulations stated that it would reveal sensitive pricing, and could drastically reduce the banks’ profits. 4. Do you believe the government should have regulated the trading of derivatives further, and why or why not? If so, what kinds of regulations would you favor?I think they should have done more. The amount of money lost in this was drastic and could have crippled folk. Big risk should be reserved for Casinos and not with people, stockholders, or shareholders money.View Full EssayJoin NowPlease login to view the full essay...
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Submitted by: AjthoughtsDate shared: 03/31/2015 11:43 AMWords: 262Pages: 2Save PaperReport this Essay
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