So JP Morgan Chase is ready to pony up just under a billion in fines to hopefully end regulatory action regarding trading losses of several additional billions that slipped under the radar earlier this year.  It makes sense that JPMC’s managers would like to get out from under.  The losses emanated in London, with New York top managers oblivious for a while which, in turn, kept the Board out of the loop, all of which tended to tarnish the bank’s reputation as a finely tuned enterprise steered by geniuses.