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To the Point

JP Morgan's Long Shadow

Wall Street's biggest bank lost $2B from risky trading, re-igniting the debate over financial regulation. Should JP Morgan be reigned in before another taxpayer bailout?

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By Warren Olney • May 16, 2012 • 51m Listen

Wall Street's biggest bank has lost $2 billion from risky trading, and that's re-ignited the political firestorm over financial regulation. Should JP Morgan Chase and others be reigned in before taxpayers get left on the hook? Would that make it too difficult for American institutions to compete in the global marketplace? Also, chaos resumes in Greece amid increased talk of a Euro exit. On Reporter's Notebook, Joan of Arc was burned at the stake 600 years ago, but it took until this day in 1920 for her to be made a saint. We look back at one of history's most beloved figures.

Banner image: People walk past the JP Morgan Chase Building on Park Avenue May 15, 2012 in New York. Photo by Timothy A. Clary/AFP/Getty Images

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    Warren Olney

    former KCRW broadcaster

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    Andrea Brody

    Senior Producer, KCRW's Life Examined and To the Point podcast

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    Katie Cooper

    Producer, 'One year Later'

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    Christian Bordal

    Managing Producer, Greater LA

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