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JP Morgan Suffers 'Significant' Mark-to-Market Losses

Thursday, 10 May 2012 | 5:00 PM ET

The Fast Money traders weigh in on the announcement of major losses at JP Morgan and the negative outlook on bank stocks. Also, CNBC's Mary Thompson reports the latest details from JPM's conference call and Jamie Dimon's comments on "egregious, self-inflicted mistakes" at the company, and a technical perspective on banks, with Steve Suttmeier, BofA technical analyst.