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DealBook: JPMorgan Trading Loss May Reach $9 Billion

JPM  

Linked by NYTimes ( track newsfeed | ignore newsfeed ) - June 28, 02:30AM from (feeds.nytimes.com)

As JPMorgan has moved rapidly to unwind the position in credit derivatives, internal models at the bank have recently projected losses of as much as $9 billion.

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