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"At the same time that the market was lopping off billions of dollars in shareholder value, JPMorgan was purging top executives responsible for the bungled trades and facing awkward questions about its public stance in favor self-regulation. If banks can’t regulate themselves, though, who can?"
Dominic Basulto, JPMorgan and the high cost of complexity
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#economics
#theory
#policy
#JPMorgan
