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JPMorgan's $2b loss exposes flaws in Volcker Rule

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JPMorgan's $2 billion loss tells us something about our banking system. But despite crowing from Washington, it's not all clear what the loss tells us. Democrats are wrong to think that the 2010 Dodd-Frank financial regulations will stop this sort of dangerous risk-taking when they go into effect in July. They argue that Dodd-Frank's Volcker Rule ,...