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Message: King-of-the-Road takes a big Loss

JPMorgan Discloses $2 Billion in Trading Losses JPMorgan Chase said in a regulatory filing that its chief investment office had suffered "significant" paper losses in a portfolio of credit investments.

http://dealbook.nytimes.com/2012/05/10/jpmorgan-discloses-significant-losses-in-trading-group/?nl=todaysheadlines&emc=tha2_20120511

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