In this case the losses of J.P Morgan would have been the profits of other big fishes and not retail investors since the trades were complex derivatie instruments that are beyond the domain of retail investors. Besides each trade would be atleast a couple of millions of dollars.
Subsequent to the disclosure of the losses, the stock of J.P Morgan has lost of 20 Billion dollars, which again would have hit many investors, unfortunately.
Subsequent to the disclosure of the losses, the stock of J.P Morgan has lost of 20 Billion dollars, which again would have hit many investors, unfortunately.
So were these looses gone? to another winner right when big boys lost then its small fishes shared them across right, so billions are made from trading as well