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JPMorgan finds a nasty surprise
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Brisbane Times
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November 07, 2009
JPMorgan Chase found an unsettling fact buried in the books of newly acquired Bear Stearns last year: The brokerage had loaned millions of dollars to a German money manager for bets on hedge funds no one had ever heard of. JPMorgan's efforts to follow Bear Stearns's money, described by a person fami...
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