WSJ.com: Europe Home: Lowballing of Losses Key to 'Whale' Probe

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Lowballing of Losses Key to 'Whale' Probe
Aug 12th 2013, 00:24

As the "London whale" investigation has intensified, law-enforcement officials have tried to determine if traders in J.P. Morgan's Chief Investment Office knowingly misvalued their positions to hide or understate losses as they piled up in early 2012.

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