Wall Street Makes 2nd Worst Bet Of The Year By Supporting Romney

Here's Wall Street's Second Worst Bet Of The Year
Trader Thomas Donato looks at a screen as he works on the floor of the New York Stock Exchange Tuesday, Oct. 23, 2012. Stocks are falling sharply at the opening of trading on Wall Street after 3M and DuPont slashed their earnings forecasts. (AP Photo/Richard Drew)
Trader Thomas Donato looks at a screen as he works on the floor of the New York Stock Exchange Tuesday, Oct. 23, 2012. Stocks are falling sharply at the opening of trading on Wall Street after 3M and DuPont slashed their earnings forecasts. (AP Photo/Richard Drew)

Sorry, derivatives traders at JP Morgan Chase. Your bank’s notorious London Whale will likely retain the dubious honor of being Wall Street’s worst trade of 2012. But the financial sector’s collective bet on Mitt Romney is going to be up there on the list too.

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