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J.P. Morgan was recently socked in the wallet by financial regulators who levied yet another multibillion-dollar fine against the Wall Street baron for massive illegalities.

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From his earliest days in high finance, J.P. Morgan was a hustler who often traded on the shady side. The bank that survives in his name inherited his pattern of committing multiple crimes and walking away scot-free. The latest? Getting shareholders to pay a banker's $1 billion fine.

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