As reported earlier, JPM's head commodity maven, Blythe Masters (her very rare public appearance can be seen here) suddenly finds herself in hot water for, among other things, allegedly lying under oath, obstructing justice and "engaging in a systematic cover up" to "approve schemes" seeking to defraud the states of California and 
Michigan in electricity trading (Enron flashbacks are more than 
welcome). So just who is Blythe? Most people on this site should be very familiar with her work by now (the NYT has a good recap), so instead of reconnecting the dots, we will once again dig up the 
presentation by one very young Ms. Master, introducing her then quite 
innovative product: the Credit Default Swap, titled appropriately enough "The J.P.Morgan Guide To Credit Derivatives" (by Blythe Masters). Because it is always best to let one's work speak. 

 
http://www.zerohedge.com/news/2013-05-03/blythe-masters-crowning-achievement-credit-default-swap

 

Will JPMorgan's "Enron" Be The End of Blythe Masters?
 

http://www.zerohedge.com/news/2013-05-03/will-jpmorgans-enron-be-end-blythe-masters
 

PBS Frontline: Money, Power and Wallstreet
 
http://www.pbs.org/wgbh/pages/frontline/money-power-wall-street/