03/15/2013 03:07:26 PM EST
Senate Report: JPMorgan Concealed Losses To 'London Whale' Derivatives
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LexisNexis® Mealey's™ Daily Legal News
WASHINGTON, D.C. - A U.S. Senate subcommittee on March 14 released an investigative report showing that financial giant JPMorgan Chase & Co. concealed material information regarding billions of dollars in losses sustained to a massive set of synthetic credit derivatives, known as the "London Whale" derivatives.
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