William Cohan, author of Money and Power: How Goldman Sachs Came to Rule the World and a Bloomberg View columnist talks about JPMorgan Chase & Co. trader Bruno Iksil's strategy in credit derivatives and possible risks to the financial markets.
Cohan speaks with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's InsideTrack.
Bloomberg's Christine Harper also speaks.
Cohan is a Bloomberg View columnist. The opinions expressed are his own.