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JPMorgan Execs Knew of 'Whale' Risks

Concerns about London unit raised years before $2B loss

By Rob Quinn,  Newser Staff

Posted Jun 12, 2012 5:51 AM CDT

(Newser) – Top JPMorgan execs weren't as blindsided as you might have thought about the risky trades that cost the bank a couple of billion dollars, the Wall Street Journal finds. Insiders in the unit responsible for the losses say that worries about risk-taking by London...   Read full story »

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