21:41 Wellington wins first home match of the ITM Cup season against Northland, the Lions taking out the match 29 - 0 and a bonus point

21:12 A man arrested in Bangkok in connection with a deadly blast at a religious shrine is a Turkish national found with multiple passports.

20:49 Peter Greste tweets: 'Shocked. Outraged. Angry. Upset. None of them convey how I feel right now' after being sentenced to 3yrs jail

20:36 BREAKING: Egyptian court sentences three Al Jazeera TV Journalists, including Peter Greste, to three years in prison.

20:33 John McEnroe, tennis's original superbrat, has warned Nick Kyrgios he risks being "railroaded out of town if he doesn't watch out".

Mon, 16 Jul 2012

JP Morgans 'whale' trade may now cost it US$7.5 billion

interst.co.nz boss Bernard Hickey tells RadioLIVE's Marcus Lush JP Morgans 'whale' trade may now cost it US$7.5 billion, not the US$2 billion initially estimated. Now American states are looking at a class action lawsuit against the banks that Fixed LIBOR. Also Moody's has cut Italy's rating to two notches above junk and NZ may have hit peak power, which is something buyers of SOEs should think about.

Share this audio

Become a fan of RadioLIVE on Facebook and on Twitter.

Post Your Opinion