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Greenspan Unimpressed by JPMorgan Trading Losses – CNBC.com


CNBC.com

Greenspan Unimpressed by JPMorgan Trading Losses
CNBC.com
Former Federal Reserve Chairman Alan Greenspan isn't worried by the size of the losses at JPMorgan's chief investment office. His reaction: "So what?" For a bank with almost $200 billion in equity, a one- or even two-percent loss isn't very significant

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