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What Jamie Dimon's $2 Billion Dollar Fail Reveals About Our Banking System J.P. Morgan Chase & Co., the nation’s largest bank, whose chief executive, Jamie Dimon, has lead Wall Street’s war against regulation, announced Thursday it had lost $2 billion in trades over the past six weeks and could face an additional $1 billion of losses, due to excessively risky bets. Ever since the start of the…
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