Question: The Senate recently released a report on wrongdoing at JPMorgan Chase & Co. It found that bank executives lied to investors and the public. Also,

The Senate recently released a report on wrongdoing at JPMorgan Chase & Co. It found that bank executives lied to investors and the public. Also, traders, with the knowledge of top management, changed risk limits to facilitate more trading and then violated even these higher limits. Executives revalued the bank's investment to reduce apparent losses. JPMorgan Chase & Co.'s internal investigation failed to find this wrongdoing. Into what ethics traps did these JPMorgan Chase & Co.'s employees fall? What options did the executives and traders have for dealing with this wrong-doing?

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