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May 16, 2012

Philly.com News: JPMorgan's big loss: Was it hedging or betting?

Philly.com News
News from the Inquirer and Daily News.
JPMorgan's big loss: Was it hedging or betting?
May 16th 2012, 06:41

Could misdirection over the meaning of a simple, five-letter word - hedge - be at the heart of the roiling controversy over JPMorgan Chase's embarrassing $2 billion loss in European trading?

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