PIMCO's Bill Gros: JP Morgan One of the Best Run Banks -CNBC - JPMorgan Chase (NYSE:JPM)

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PIMCO's Bill Gross appeared on CNBC discussing JP Morgan (NYSE: JPM). Gross noted that:-JP Morgan is one of the best run banks in the world and the questions is whether banks should be allowed to make these kind of trades.-If banks do these trades they should have higher capital.-QE3 becoming more likely if economy continues the slow path.

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