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JP Morgan: 9B Loss? Is That It? A Hedge? Really? – Daily Markets (blog)

JP Morgan: 9B Loss? Is That It? A Hedge? Really?
Daily Markets (blog)
On May 10th, JP Morgan (NYSE:JPM) CEO announced that the bank faced a $2 billion loss on a hedge that had gone awry in its Chief Investment Office.
Wall Street Morning Brief: JPMorgan's Trading Loss SPARKS Wall St. Cheat Sheet



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