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http://www.bloomberg.com/news/2012-07-16/jpmorgan-blaming-marks-on-traders-baffles-ex-employees.html
"JPMorgan Chase & Co. (JPM)’s assertion that traders at its London chief investment office may have intentionally mismarked trades, masking losses that total at least $5.8 billion, makes little sense, according to former executives with direct knowledge of the unit’s operation."
http://www.bloomberg.com/news/2012-07-16/jpmorgan-blaming-marks-on-traders-baffles-ex-employees.html