The Wall Avenue Journal with the story:
JPMorgan Chase owned luggage of fabric stored in a Dutch warehouse that have been presupposed to comprise nickel however turned out to be stuffed with stones, folks conversant in the matter stated.
The London Steel Alternate stated final week that sacks thought to carry 54 metric tons of nickel in an unnamed warehouse had did not adjust to its requirements. The luggage have been in a shed within the Dutch port metropolis of Rotterdam, The Wall Avenue Journal and different retailers reported. The issue: They contained stones as an alternative
The Journal is gated, however right here is the hyperlink for extra should you can entry it.
At ForexLive we’re doing every thing we are able to to assist JPM get their Nickelback. Right here we go:
(I do want the Stones although)