The Fiscal Times
Analysis: JPMorgan dips into cookie jar to offset "London Whale" losses
NEW YORK (Reuters) – JPMorgan Chase & Co has sold an estimated $25 billion of profitable securities in an effort to prop up earnings after suffering trading losses tied to the bank's now-infamous "London Whale," compounding the cost of those trades.
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JPMorgan dips into cookie jar to offset 'London Whale' losses
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