Monday, May 14, 2012

White House: JPMorgan loss shows need for tough regulations - Los Angeles Times

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White House: JPMorgan loss shows need for tough regulations - Los Angeles Times
May 14th 2012, 18:20


AFP

White House: JPMorgan loss shows need for tough regulations
Los Angeles Times
By Jim Puzzanghera WASHINGTON -- The White House said Monday that the huge trading loss by JPMorgan Chase & Co. highlighted the need for tough regulations, blasting Wall Street efforts to weaken new rules in the 2010 financial reform law.
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