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JPMorgan CEO Jamie Dimon On $2 Billion Loss: "We Have Egg On Our Face"

JPMorgan CEO Jamie Dimon On $2 Billion Loss: "We Have Egg On Our Face"

By Mary Beth Quirk May 11, 2012

JPMorgan Chase dropped a hefty financial bomb on everyone yesterday, admitting that it lost $2 billion in six weeks after some bad trading decisions. CEO Jamie Dimon revealed the news after trading closed last night, admitting that the company only has itself to blame. [More]

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