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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.

articles/2012/05/11/jp-morgan-s-2-billion-loss-fueled-by-efforts-to-avoid-risk/jp-morgan-gasparino_il6dvh
Paul Sakuma / AP Photo

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