JPMorgan Trading Loss May Reach $9 Billion
dealbook.nytimes.com/2012/06/28/jpmorgan-trading-loss-may-reach-9-billion
What Jamie wrote
It blows me away that a bank can lose $9 billion dollars so easily.
Losses on JPMorgan Chases bungled trade could total as much as $9 billion, far exceeding earlier public estimates, according to people who have been briefed on the situation.