Daily commentary: On JPMorgan’s gigantic mistake

The big headline today is still JPMorgan Chase and it's huge trading losses. Clearly this is a black eye for JPM but the question goes to what longer term consequences the incident will have. I could see JPM taking a more defensive stance like Goldman has done in the past. But, JPMorgan head Janie Dimon he has been out over and over owning up to the mistake and inviting regulators to look over the books. If you want to save your job, that's really the best tack to take on this one. I think D...


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