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Dodd-Frank helps JP Morgan

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The Dodd-Frank financial regulation bill of 2010 will help the big banks by adding complexity and overhead costs that widen the protective “moat” around the biggest guys. I’ve been arguing this all along, and today JP Morgan CEO Jamie Dimon agrees. Here’s the report from an interview with Dimon (via The Business Insider): And not citing regulatory risk was interesting. [Dimon] even pointed out...

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