jpmorgan chase $2 billion loss

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  JPMorgan Drops $2 Billion In Enormous Hedging “Error”

  11 May 2012 by Jasmine Stone / No Comments

  Well, this is terribly embarrassing: JPMorgan, the largest bank in the US, literally wiped seven per cent off their stock in a few hours with this blunder. The investment bank has blamed “sloppiness and bad judgment” for the enormous error.

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