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JPMorgan: a hedge too far?

May 15 2012  The so-called whale trade that lost JPMorgan $2bn has damaged its reputation. But how much and what of its peers? Daniel Shaefer, investment banking correspondent, explains to Long View columnist John Authers, how a hedging unit overstepped its remit and the implications of the debacle for other Wall Street banks.  (5m 13sec)
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Produced by Darryl Thomson. Filmed by Rod Fitzgerald and James MacDonald.

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