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D&D Note (5-11-2012) ~ JPMorgan Takes A $2 Billion Trading Loss

D&D Note (5-11-2012)  American bank JPMorgan (JPM) suffered a $2 billion trading loss, and the stock fell 9% on the day. CEO Jamie Dimon chalked the loss up to “bad judgement” and the trade was meant to be a hedge. Jamie Dimon also said they could suffer further losses. And now the FED is seeking … Continue reading