JPMorgan, government finalizes $13 billion settlement

Nov 19, 2013 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.

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Betty Victory

Corpus Christi, TX

#1 Nov 19, 2013
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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