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JPMorgan Chase’s $2 billion failed credit risk hedge is different than the investments that led to the corporate credit union crisis. However, there are also similarities, according to industry investment experts. Specifically, overleveraging and a drive for income that compromised risk management.

Jason Haley, fixed income strategist for ALM First Advisors, admits he wasn’t in his current position during the corporate crisis, so his knowledge regarding the specific securities that led to the corporate meltdown is limited. However, he said high-leverage investments like the JPMorgan Chase deal could cause big losses anywhere, even at credit unions.

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