J.P. Morgan Flags $2 Billion Trading Loss

Just keep blundering on, there's nothing to see here.

A massive trading bet boomeranged on J.P. Morgan Chase JPM  & Co., leaving the bank with at least $2 billion in trading losses and its chief executive, James Dimon, with a rare black eye following a long run as what some called the "King of Wall Street."

via J.P. Morgan Flags $2 Billion Trading Loss - WSJ.com.

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