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JPMorgan $2 billion loss hits shares, credit, image
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May 12, 2012
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<p><a href="http://news.yahoo.com/jpmorgan-2-billion-loss-hits-shares-credit-image-005556430--sector.html"><img src="http://l.yimg.com/bt/api/res/1.2/JqIGuHZjz2vkSdiEDjLvrw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-05-12T204928Z_3_CBRE84A108Y00_RTROPTP_2_JPMORGAN-TRADING.JPG" width="130" height="86" alt="A man walks into the JP Morgan headquarters at Canary Wharf in London" align="left" title="A man walks into the JP Morgan headquarters at Canary Wharf in London" border="0" /></a>NEW YORK/LONDON (Reuters) - JPMorgan Chase & Co lost $15 billion in market value and a notch in its credit ratings on Friday while a chorus of regulators and politicians reacted to its surprise $2 billion trading loss by demanding stiffer oversight for the banking industry. The loss by one of Wall Street's most respected banks embarrassed chief executive Jamie Dimon, a leader lauded for steering his bank through the fallout from the 2008 financial crisis without reporting a loss. "We know we were sloppy. We know we were stupid. ...</p><br clear="all"/>
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