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COLUMN-JPMorgan’s ‘hedginess’: David Cay Johnston – Chicago Tribune

COLUMN-JPMorgan's 'hedginess': David Cay Johnston
Chicago Tribune
By David Cay Johnston June 11 (Reuters) – JPMorgan Chase & Co blames its $2 billion, and maybe much larger, trading loss on mistakes made in hedging the market. Bill Black, a finance criminologist, calls this "hedginess.

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