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Beware 'Knee-Jerk' Reaction After JPMorgan Loss: Banker
CNBC.com | May 14, 2012 | 08:44 AM EDT

Speaking earlier on NBC’s "Meet the Press [ GEVO 1.82  -0.03 (-1.62%) ]," JPMorgan CEO Jamie Dimon said: “In hindsight we took far too much risk. The strategy we took was barely vetted, barely monitored. It should never have happened.”

By CNBC.com’s Katy Barnato

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