Bloomberg Originals
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Street News: JPM's $2B Loss a Factor in Downgrade
Posted
June 22, 2012
Views
480
June 22, 2012
480
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0:59Now PlayingJune 22 (Bloomberg) -- Bloomberg's Scarlet Fu reports on today's top news including the FDA rejects Johnson & Johnson and Bayer on a bid to use blood thinning drugs for other purposes, Moody's says that JPMorgan's $2 billion loss played a role in the bank's downgrade and pop singer Katy Perry has announced plans to form her own record label. She speaks on Bloomberg Television's "Bloomberg Surveillance."
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