EPISODE · May 25, 2012 · 7 MIN
JP Morgan's trading loss prompts calls for reform
from CBS
Current government regulations could not have prevented JP Morgan's multi-billion dollar trading losses says John Taft, who was head of the securities industry's largest lobbying group during the financial crisis. Still, the financial system is safer today he tells MoneyWatch's Jill Schlesinger..
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JP Morgan's trading loss prompts calls for reform
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