AFPWhite House: JPMorgan loss shows need for tough regulationsLos Angeles TimesBy Jim Puzzanghera WASHINGTON -- The White House said Monday that the huge trading loss by JPMorgan Chase & Co. highlighted the need for tough regulations, blasting Wall Street efforts to weaken new rules in the 2010 financial reform law.White House: JPMorgan shows need for strong Wall St.

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    WASHINGTON — The White House said Monday that the huge trading loss by JPMorgan Chase & Co. highlighted the need for tough regulations, blasting Wall Street efforts to weaken new rules in the 2010 financial reform law. “Ever since it was passed there ...
    05/14/2012 - 1:48 pm | View Link
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    The Obama administration and GM executives say the White House has stayed good to its pledge to refrain ... citing U.S. securities regulations. Since May, the Obama team has pushed GM and bankers to have the IPO ready for the fall. People familiar with ...
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