JP Morgan Reported Loss Widens

Just as Dr. Lee Warren stated!

JPMorgan Chase & Co. (JPM) fell more than 6 percent in New York trading after the New York Times reported the lender’s losses from credit derivatives may eventually total as much as $9 billion, exceeding the firm’s initial estimate…

http://www.bloomberg.com/news/2012-06-28/jpmorgan-slips-on-report-of-trading-loss-widening-to-9-billion.html

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