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JPMorgan Hedge Thwarted by ‘Illiquidity,’ Calypso’s Kelly Says – Businessweek

JPMorgan Hedge Thwarted by 'Illiquidity,' Calypso's Kelly Says
JPMorgan Chase & Co. (JPM) (JPM)'s credit- derivatives trades that lost the biggest U.S. bank more than $2 billion were thwarted by market illiquidity, saidDavid

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