Tag Archives: JPMorgan Chase’s $13 Billion Banking Settlement a “Screaming Bargain”

Why isn’t JP Morgan paying triple the penalty–it cost the USA much more than 13 Billion to clean up that mess?


“The overwhelming majority is for contract violations where the various banks, both JPMorgan itself and the two banks it acquired, Bear Stearns and Washington Mutual, did what amounted to promise investors that they were going to get steak, and instead … Continue reading

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