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JPMorgan Traders Took Risks They Didn’t Understand, Dimon Says – BusinessWeek

JPMorgan Traders Took Risks They Didn't Understand, Dimon Says
Kopecki on June 13, 2012 JPMorgan Chase & Co. (JPM) (JPM) Chief Executive Officer Jamie Dimon told Congress the bank let traders take risks they didn't understand while he didn't answer key questions about more than $2 billion in trading losses.

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