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Wharton expert Jeremy Siegel offers his views on how the recently reported gains at JPMorgan and Goldman Sachs reflect the current state of the financial industry.
Wharton professor Frank Allen shares his interpretation of the reported gains at JPMorgan Chase and Goldman Sachs—and worries about moral hazard created by government bailouts and stabilization efforts.
Lack of transparency owing to the sheer size of many financial institutions, as well as future "innovations" that may circumvent rules, present steep challenges to regulatory reform for the financial industry.
With the Volcker rule still yet to take effect, JPMorgan's recent losses have brought the spotlight back to banks and their risks.
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