J PMorgan Trader Bruno Iksil Placed a Giant Risky Trade and Lost

question 61

Multiple Choice

J. P.Morgan trader Bruno Iksil placed a giant risky trade and lost $6 billion for the bank.His boss and assistant conspired to cover up the losses by filing false reports.These crimes are known as:

• A) street crimes.
• B) violent crimes.
• C) corporate crimes.
• D) violations.

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Definitions:

Cyclical Model

A representation of a process that repeats in cycles, often used to describe patterns that occur over time in a predictable sequence.

Internal Conflict

A psychological struggle within the self, arising from opposing demands or impulses.

Unity

The state of being unified or joined as a whole, especially among members of a group, fostering a sense of solidarity and common purpose.

Cockpit Crew

The personnel responsible for operating the flight controls and systems of an aircraft, typically including pilots and co-pilots.