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It's 3:45 am and I decide to check the wires one final time before sleep. Looks like the London Whale hedge prop bet is becoming more painful to JPMorgan's bottom line and Dimon's fragile ego. Pretty solid timing on the leak from JPM insiders as well, as this story will soon to be buried by headlines on Obamacare and Fast and Furious as the House votes on Eric Holder and SCOTUS rules at 10 am EST.
Just two days ago the FT reported that things might be looking up for JPM.
IG9 index trading for bitchez, on sale at Amazon, now.
#SucksToBeJamie
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