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How JPMorgan Chase Really Lost $2 Billion

BANKS FOR NOTHING DEPT.

JPMorgan Chase, the country's largest bank, just announced they lost $2 billion, primarily in derivatives. Since no one on the face of the earth knows exactly what derivatives are, we suspect the bank is lying. We tasked esteemed New York Times economist Paul Krugman to get to the bottom of this financial debacle. He refused. So we made up this list.

MAD Magazine How JPMorgan Chase Really Lost $2 Billion

Why Did You Support an Amendment Against Gay Marriage? North Carolina Voters Speak Out!

HOMOPHOBE SWEET HOMOPHOBE DEPT.

Yesterday, North Carolina voters went to the polls and overwhelmingly approved an amendment to their state constitution banning same-sex marriage. To find out why, we took to the streets of the Tar Heel State and asked the people.

The New Al-Qaeda Underwear Bomb: What We Know

IF AT FIRST YOU DON’T SUCCEED — FLY, FLY AGAIN DEPT.

The CIA recently thwarted Al Qaeda’s plot to bring a bomb aboard a U.S.-bound airplane. Details are still emerging, but it’s been revealed that the device was a new kind of underwear bomb. (And we still hadn’t tried the old kind yet! This is just like the iPhone releases!) The whole story raises more questions than answers, however…

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