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Obama: JP Morgan Loss Shows 'Exactly Why Wall Street Reform's So Important'

JP Morgan Chase’s $2 billion trading loss is “exactly why Wall Street reform” is so important, President Obama said in his first interview since the bank announced the massive loss last week. Obama signed the Dodd-Frank Wall Street Reform Act, which could ban risky trades like the

May 16, 2012 at 1:27pm
by Hedgieguy
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