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True or false? In 2012, Bruno Iksil (also known as the London Whale) famously lost JP Morgan Chase approximately $6 billion due to aggressive trading
True or false? In 2012, Bruno Iksil (also known as the "London Whale") famously lost JP Morgan Chase approximately $6 billion due to aggressive trading activity. For hiding these losses, the bank had to pay more than $1 billion in fines. Thus, operational risk losses for the bank were around $7 billion. 1 point True False
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Introduction to Econometrics
Authors: James H. Stock, Mark W. Watson
3rd edition
133595420, 978-0138009007, 138009007, 978-0133486872, 133486877, 978-0133595420
