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Op-Ed: JP Morgan’s $2 Billion Misfortune

Is it possible that the bankruptcy of MF Global last October 31, 2011, the seventh largest bankruptcy in U.S. history, is this financial crisis cycle’s Bear Stearns – if a full blown crisis does occur?

Finance Minister, BoC head express concern over U.S. Volcker Rule

Ottawa - Canadian Finance Minister Jim Flaherty and Bank of Canada head Mark Carney have both written letters to their counterparts south of the border. The letters contain concerns over the proposed Volcker Rule.

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