10 biggest trading losses in history

POSTED: 06:22 AM PDT Jul 13, 2012    UPDATED: 02:20 PM PDT Jul 13, 2012 

As JPMorgan picks up the pieces in the wake of a $5.8 billion trading loss, check out the 10 biggest trading losses in history.

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Reuters

10. $1.3 billion: Metallgesellschaft- German metalworking conglomerate Metallgesellschaft AG lost $1.3 billion in 1993 after oil prices plummeted, and shareholders were forced to quickly put together a $2 billion rescue package to keep the company from going under bankruptcy.

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