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Daily Archives: March 25th, 2013

JPMorgan can’t be bothered with trivialities

Believe it or not I am slowly, and hopefully surely, making my way through the Senate Banking Committee’s report on the JPMorgan “Whale” fiasco. I have to pass a quote along. Here’s the context: JPMorgan, for a time, hid it’s mounting losses by changing the way it valued the investments in which it was trading. […]