JP Morgan Used “Hedginess” to Engage in Illegal Speculation

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JP Morgan Used “Hedginess” to Engage in Illegal Speculation

Jamie Dimon Thumbs Nose at Volcker Rule by Pretending that Big Speculative Bets are Hedges Smart people like Sajiat Das, Karl Denninger, Tyler Durden, Nomi Prins, Yves Smith and Janet Tavikoli have all demolished JP Morgan’s argument that its recent ...