Thursday October 29, 2020

JP Morgan May Owe $11 Billion To The U.S. Government In Settlement For Company’s Role In 2008 Housing Crisis

JP Morgan’s impending settlement with the U.S. government may result in the largest payout by a single bank ever. The payout, which is a consequence of JP Morgan’s role in the events that led to the 2008 housing and financial crisis, would surpass HSBC recent $1.92 billion money laundering penalty.  More…

Posted by at September 29, 2013
Filed in category: Business, Law, Politics, Tabloid, Unlikely,

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