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U.S. Day Ahead: Senate hearing harpoons JPM “Whale”

Thursday, March 14, 2013 - 02:45

Mar 14 - JPMorgan has paid for its $6 billion 'whale trade' fiasco already and doesn't need to be dragged through a hearing on the Hill, according to Reuters Breakingviews' Antony Currie.

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JPMorgan investors if you got the Wall Street titans six billion dollar will trade debacle I got a way. Think again -- all of our industry regulators -- testified on the -- about him how trading block. The star witness former CIO -- drew who ran the London they're responsible more than -- know. Expect ahead of the panel senator Carl Levin criticized regulators from falling asleep -- the -- -- -- Yeah for -- to eight minutes. They lost six billion they lost because they have. Bad information about people and bad oversight and including numbers aren't and an old numbers that they have conflicting pulls out about how to do the business. We know this because with JPMorgan and -- regulators investigate investigate fully shareholders at its 45 and a less this panel. She comes up with some new evidence is not GC the race just politics is getting their names on. JPMorgan shares up 16% in the last here. That's I'm performing writer -- W banking index we'll have that hearing -- on insider and 38. Looks like does better than expected and -- numbers are making consumers feel more than I have far as the University of Michigan sentiment index. -- that's the price to 78. Showing growing optimism about the economy engaging in any -- -- when he -- a better job marketing and not enough to concerns. And on the left that is the future. Shareholders wanna see more signs of strength I hate being what. Old and it mastery he's helped boost its parent company's earnings last quarter with rising I went back. -- I did one report from -- capital described the -- -- -- -- I ever wrote in all the contract opened 150. Stores in China. Green ports currency fluctuations could mean higher cost for an overall. Don't forget the dollar had just retreated from -- seven month he can. And you more and 500 -- every gap closing just points below its all time record went out of my country thinking -- point -- team the last team in October about it haven't. Have one point -- this gala in new. Once not to watch apple is huge drag on the index how it out carefully warning for that's been made in September. What's on Twitter at Reuters I hearing of former green video and -- dot com writers TV. Friday hot and fast and managers in the world all the -- -- the big question. If they're big investment idea for 2013. And let me mom and it is right.

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U.S. Day Ahead: Senate hearing harpoons JPM “Whale”

Thursday, March 14, 2013 - 02:45