New York TimesJP Morgan loss may reportedly hit $9 billionMarketWatchNEW YORK (MarketWatch) — Shares of J.P. Morgan Chase & Co. fell on Thursday after a newspaper reported that the trading loss suffered by the bank could potentially amount to $9 …
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Bad Day for Banks – Daily Beast
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New York TimesBad Day for BanksDaily BeastFrom botched trades to alleged interest rate manipulation, big banks are facing their maker this week—while News Corp confirms split.Boves Says He Doesn't Expect Big JPMorgan Loss: Tom KeeneBloombergJP Mo…
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JPMorgan Loss Could Reach $9B – Daily Beast
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Daily BeastJPMorgan Loss Could Reach $9BDaily BeastJPMorgan Chase's CEO Jamie Dimon thought he had covered his bases when he estimated that the bank's $2 billion losing investment on credit derivatives could double within the next few quarters….
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Boves Says He Doesn’t Expect Big JPMorgan Loss: Tom Keene – Bloomberg
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New York TimesBoves Says He Doesn't Expect Big JPMorgan Loss: Tom KeeneBloombergJPMorgan Chase & Co. won't have a “major loss” in 2012 following the lender's disclosure of losses from credit derivatives that could amount to more tha…
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Dallas News | myFOXdfw.comJ.P. Morgan knew of risky London traders two years … – FOX 4 News
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Daily BeastDallas News | myFOXdfw.comJ.P. Morgan knew of risky London traders two years …FOX 4 NewsSome top JP Morgan Chase executives and directors were alerted to risky practices by a team of London-based traders two years before that group's b…
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LinkedIn Performance Impresses Investors, Despite Hiccups – Daily Beast
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Daily BeastLinkedIn Performance Impresses Investors, Despite HiccupsDaily BeastBut the disastrous Facebook IPO has Silicon Valley reappraising the smaller social network—even after this week's missteps. If Silicon Valley is just one big high scho…
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Sean Parker On Facebook’s IPO Fiasco (VIDEO) – Huffington Post
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Business InsiderSean Parker On Facebook's IPO Fiasco (VIDEO)Huffington PostSean Parker has come out and said what Mark Zuckerberg is probably thinking right now: Screw IPOs. Appearing on CNBC Wednesday, Parker, the former president of Facebook, tol…
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Parker & Fanning Talk Up Airtime – Daily Beast
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Daily BeastParker & Fanning Talk Up AirtimeDaily BeastThe two tell Marlow Stern about the new venture, Facebook's disastrous IPO and future prospects, whether Pinterest's overvalued, and more. “They are the Jean-Claude Van Damme and Dolph…
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The Backsplash From the Facebook IPO Bellyflop – BusinessWeek
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Daily BeastThe Backsplash From the Facebook IPO BellyflopBusinessWeekA few recent stories point to new evidence of a Facebook-inspired slowdown in initial public offerings, but evidence thus far is scant. (Exhibit A is Kayak.com, a travel-search site t…
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Barney Frank: JPMorgan Chase Fiasco Reaffirms Argument For Wall Street Reform – Huffington Post
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Barney Frank: JPMorgan Chase Fiasco Reaffirms Argument For Wall Street ReformHuffington Postsays that JPMorgan Chase's $2 billion loss earlier this month reaffirms the argument for regulating Wall Street. In an interview with the Daily Beast publis…
