Bloomberg News

Moore Bought JPMorgan Stock Before Trading Loss

May 15, 2012

Moore Capital Management LLC, the $15 billion hedge fund founded by Louis Moore Bacon, boosted its stake in JPMorgan Chase & Co. before shares of the bank plunged because of a $2 billion trading loss. Sheila Dharmarajan reports on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

Running Time: 01:42

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