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JPMorgan loses $2bn in ‘egregious’ error - FT.com
Unknown yet if other banks have had similar losses.
Unknown yet if other banks have had similar losses.
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The money was not lost - it went somewhere - meaning someone has it. JPMorgan, the company, simply doesnt control it.
James Ruby
As of this moring that figure is now above 7 billion, lot of cash to lose control of.