JPMorgan, government finalizes $13 billion settlement
Nov 19, 2013 | Posted by: roboblogger | Full story: KBCI CBS 2
JPMorgan Chase & Co. has reached a record $13 billion settlement with federal and state authorities, resolving claims over the bank's sales of low-quality, high-risk mortgage-backed securities that collapsed in value during the U.S. housing crisis.
More penalties on these greedy banks that help George Bush ruin our economy! MORE regulation PLEASE!!!! They must be EITHER investment banks or Cmmercial banks-----not both! GLASS STEGALL, please!!!!!!!!!!
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