The Price of Wall Street's Black FI &D Box

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By John Gapper

Published: June 22 2011 22:01 | Last updated: June 22 2011 22:01

JPMorgan Chase this week became the second Wall Street bank after Goldman Sachs to face a large fine and a stiff warning over its sales of mortgage-backed bonds in the last days of the housing bubble in spring 2007. Others are to come, perhaps including Merrill Lynch, Deutsche Bank and Citigroup.

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