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Dimon says JPMorgan failed to rein in traders – IBNLive.com

Dimon says JPMorgan failed to rein in traders
IBNLive.com
By Dave Clarke and David Henry WASHINGTON (Reuters) – JPMorgan Chief Executive Jamie Dimon will tell lawmakers that the banks recent multibillion-dollar trading loss occurred because poorly managed traders embarked in January on a misguided hedging

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