Archive for May 21st, 2012

JPMorgan’s $2 Billion Loss: A Case for Regulation? »

When JPMorgan announced it had sustained a $2 billion trading loss a few weeks ago, some commentators, including Paul Krugman, argued that their irresponsible investing was more evidence that we need stronger financial regulation. The evidence in the JPM case actually shows the opposite. Krugman’s column presents the arguments on both sides. The correct...
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