The knives appear to be out at JPMorgan (JPM) over the blame for its $2.3B trading blunder, with...

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

The knives appear to be out at JPMorgan (JPM) over the blame for its $2.3B trading blunder, with sources leaking to the WSJ that the disastrous bets were made on the orders of investment chief Ina Drew. The aim was to protect the bank from the eurozone debt crisis and cut investments in the credit markets that had grown too large.