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JPMorgan’s $2 Billion Loss Fueled by Efforts to Avoid Risk
Ironically, the bank suffered huge losses in an internal fund set up to hedge its own capital against potential risks. By Zachary Karabell.
Zachary Karabell
Published
May 11 2012
4:45AM EDT
Paul Sakuma / AP Photo
Zachary Karabell
zkarabell@rivertwice.com
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