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JP Morgan Trader Sacked for $130 Million Loss (JPM)
Tuesday, August 10, 2010 - 3:38pm | 114CNNMoney.com is reporting that Chan Bhima, one of J.P. Morgan’s (NYSE: JPM) star coal traders, was fired after he lost $130 million on the wrong of a strong movement in European Coal prices during Q2. Back in July 2009, the bank saw Bhima's hiring as "an important step toward the expansion of our...