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WE DIDN'T UNDERSTAND RISK

June 12, 2012

JPMorgan Chase CEO Jamie Dimon will tell Congress Wednesday that the bank's massive loss can be blamed on insufficient risk controls and a failure by traders to understand the bets they were placing.

http://rss.cnn.com/~r/rss/money_topstories/~3/N_7RUR7xqNM/index.htm
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