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With a $2 Billion loss, will JPMorgan Chase collapse?

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Published on May 16, 2012

The JPMorgan Chase $2 billion trading loss is all over the news and for good reason. Such a loss should not be ignored. Is this the end of JPMorgan Chase? More importantly, is this a systemic risk to our financial system? Is my bank at risk? What needs to be done to prevent further damage? Steve Fleming, president and CEO of River City Bank in the Sacramento Region, answers these questions and more in the latest installment of "Ask Steve."

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