JPMorgan's Growing Loss Shakes Investor Faith | WAMU 88.5 - American University Radio
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JPMorgan's Growing Loss Shakes Investor Faith

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Traders who made calamitous bets on corporate debt have cost JPMorgan Chase nearly $6 billion so far. The bank announced the losses on Friday but said the firm still managed to earn $5 billion in the second quarter. But the impact of the trading loss goes far beyond the bottom line.
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