[Photo: 'Whale in a Teapot', 2012, by Ingram Pinn / Ft.com/lexicon]

The Federal Reserve has opted not to bring legal action against JPMorgan’s London Whale, Bruno Iksil. And so ends the 2012 saga that left JPMorgan with a $6.2 billion loss and Chairman/CEO Jamie with egg on his face.

So, what is to become of Mr. Iksil, the former trader in JPMorgan’s London-based Chief Investment Office, who has been ‘hiding out’ in France - at home with his family in France, about 50 miles south of Paris?  [See Financialish, 3/15/17]  Those past 5 years afforded him protection from prosecution that he no longer needs.  

It’s likely that Mr. Iksil will seek to ‘defend his honor’ and tell what happened 5 years ago – from his perspective – perhaps in a book or in a series of interviews.

“I have to retrieve my reputation, my intellectual property and, simply, my life …”

Beyond that, not much is known about The London Whale’s intentions.