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Can’t markets decide future of major banks?

May 22, 2012
Gary Andersen, Lee Smith , Fairmont Sentinel

There has been a hullaballoo in recent days about a $2 billion trading loss at JPMorgan Chase, the nation's biggest bank. The Securities and Exchange Commission is investigating the bank's disclosures to shareholders, while the FBI has launched a preliminary criminal investigation into the loss. We'll let those matters play out.

 
 

 

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