[PAGE-BREAK][/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_custom_heading text=”5. Bruno Iksil – $6 billion” use_theme_fonts=”yes”][vc_column_text]Bruno Iksil was the face behind the infamous ‘London Whale’ scandal, which led to JPMorgan Chase incurring over $6 billion in losses. He was found to be essentially gambling on transactions using a long series of credit default swaps that backfired on him.[/vc_column_text][vc_single_image image=”12494″ img_size=”large” alignment=”center”][vc_column_text]Eventually, the bank had was forced to admit it broke the law and had to pay about $920 million to settle charges brought to them by the SEC that related to the scandal. Two of Bruno’s co-workers also had criminal charges placed against them.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]