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It's a risk reducer".
Levin's take is that the Volcker Rule guards against these sort of bets, with some important exceptions, most notably "hedging," which Levin understands as a risk reducer, but Dimon has already lumped this entire $2 billion failscapade and put it under the penumbra of "hedging".
Similar(58)
Broccoli: Considered a cancer risk reducer, partly due to its phytonutrient content (such as indoles and sulforaphane).
One proven risk reducer is a blend of high doses of vitamins C and E, beta carotene and zinc.
They want a lot of different risk reducers in the partnership agreement".
This consequence is especially bothersome because HDL cholesterol, a known risk-reducer of heart disease, is replaced by "bad cholesterol".
An article in the Financial Analysts Journal argues that financial products sold as risk reducers, like guaranteed-principal funds and guaranteed annuities, could really backfire.
How do we adequately assign tasks to compute nodes (executing a mapper or a reducer)?
The polysaccharide β-1,3-glucan from Chlorella has been found to be an active immunostimulator, a free radical scavenger and a reducer of blood lipids.
The ethylene glycol is both a reducer and a solvent, and PVP is a surfactant.
A first CXXC motif is located in N-terminus and can act as a reducer or an oxidant.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com