JP Morgan CEO의 파생상품 옹호론

JP Morgan의 CEO가 주주들에게 보내는 서한에서
파생상품이 금번 금융위기의 직접적인 원인으로 해석하는 것은 과도하다는 의견을 제시하였다.
오히려 시장과 규제의 괴리가 더욱 큰 문제였다는 점을 지적하고 있다.


http://files.shareholder.com/downloads/ONE/557194114x0x283417/92060ed3-3393-43a5-a3c1-178390c6eac5/2008_AR_Letter_to_shareholders.pdf/ohttp://files.shareholder.com/downloads/ONE/557194114x0x283417/92060ed3-3393-43a5-a3c1-178390c6eac5/2008_AR_Letter_to_shareholders.pdf

Jamie Dimon, ceo of JPMorgan Chase, has said that derivatives did not cause the financial crisis, though they have been blamed for contributing to it. Rather, "regulatory gaps that need serious attention" are more at fault, he said in a letter to shareholders. In the letter, Dimon noted that the bank has USD133 billion of derivative counterparty exposure and that it "manages those exposures name by name—like a hawk."