And Now JP Morgan's $2 Billion Trading Loss Is Already $3 Billion (And Counting) (JPM)

And Now JP Morgan's $2 Billion Trading Loss Is Already $3 Billion (And Counting) (JPM)

by Henry Blodget

Jamie Dimon said it could get worse... and it is.
The JP Morgan trading loss that was $2 billion four days ago is now $3 billion, report Nelson Schwartz and Jessica Silver-Greenberg in the New York Times.
Why?