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JPMorgan’s $10 Billion Subsidy – Businessweek

JPMorgan's $10 Billion Subsidy
Businessweek
In late June, Jamie Dimon told a Senate committee that no taxpayer money was “impacted” by this spring's trading losses at JPMorgan Chase. Dimon, the bank's CEO, meant that no one at the Treasury Department had to write a check to save the bank.

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