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Botched Facebook IPO and JPMorgan loss reinforce image that Wall Street can’t … – Washington Post

Botched Facebook IPO and JPMorgan loss reinforce image that Wall Street can't
Washington Post
JPMorgan Chase, usually revered for taming risk, has yet to contain a growing $2 billion loss in one of its trading units. The missteps are further eroding the confidence of Main Street, or what was left of it after the financial meltdown of 2008,

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