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Authorities Build Cases in JPMorgan Loss

A published report says federal authorities are using taped phone conversations to build criminal cases connected to the $6 billion trading loss announced by JPMorgan Chase earlier this year.

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JPMorgan Chase Acknowledges $2-Billion Trading Loss

JPMorgan Chase, the largest bank in the United States, says it lost $2 billion in the past six weeks in a trading portfolio designed to hedge against risks the company takes with its own money.

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