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Home>The cost of doing business at J.P. Morgan

The cost of doing business at J.P. Morgan

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Wed, 1 Oct 2014

By David Weidner, MarketWatch SAN FRANCISCO (MarketWatchBy now, you should be familiar of the too-big-too-fail business model on Wall Street. It goes something like this: Take a deposit, lend out 10 times as much, keep some loans, package and sell the rest to investors and if something goes wrong,
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