Watch Your Language, Senator McCain

Senator John McCain made a mistake when he said JPMorgan is the target of a criminal investigation by the U.S. Justice Department

Senator John McCain in a letter yesterday to U.S. Attorney General Eric Holder referred to JPMorgan Chase & Co. as "the corporate target of a major criminal investigation." This would be big news if true. The bank hasn't made such a disclosure itself. As it turns out, the Arizona Republican should have chosen his words more carefully.

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