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JPMorgan loss: Ghost of the credit crisis - CNN International (blog)

http://business.blogs.cnn.com/2012/05/11/jpmorgan-loss-ghost-of-the-credit-crisis/

(CNN) – JPMorgan Chase CEO Jamie Dimon shocked Wall Street just after the market closed Thursday with news that the company had lost $2 billion since April 1 on trades in credit default swaps. Sound familiar? It should. Credit default swaps based on ...

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