In JPMorgan Case, Both Parties Get What They Need

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In JPMorgan Case, Both Parties Get What They Need

In JPMorgan Case, Both Parties Get What They Need
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In JPMorgan Case, Both Parties Get What They Need

by Wochit 0:30 mins

By cracking down on the bank for its faulty internal controls in the $6 billion London Whale trading loss, the S.E.C. can claim to be the ferocious regulator we have all been waiting for. JPMorgan and its chief executive, Jamie Dimon, got the best coverage they could have hoped for under the circumstances: the sense that the bank is beleaguered, surrounded by regulators, but at least it could put the trading loss behind it.

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