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  • Dimon on CIO activities: JPM has suffered a $2B loss in the synthetic credit portfolio. "The strategy was flawed ... There were many errors, sloppiness, and bad judgment ... risk managers are fully engaged in helping to monitor the current portfolio." He goes on to say volatility could remain high over coming quarters and could cost the bank another $1B.  [View news story]
    Wow....I cant believe someone came out and finally said the truth....Tell them the rest of the story.........I just want to know if I should by jpm now and then again if it falls even more......and dont forget about gs.......thanks
    May 11, 2012. 10:20 AM | Likes Like |Link to Comment
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