4 years ago
robertr
in English · 2,476 Views
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Huge Fine for JP Morgan
In an agreement settling many U.S. claims over its sale of troubled mortgages, JP Morgan Chase will pay a record $13 billion, in a deal announced by the Justice Department Tuesday. The plan includes a $4 billion payment for consumer relief, along with a payment to investors of more than $6 billion and a large fine. "The settlement does not absolve JPMorgan or its employees from facing any possible criminal charges," the Justice Department says.
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4 comments
haha once you steal a certain amount, you get a fine. no jail.
4 years ago·Reply
is that true?
4 years ago·Reply
us sues jp morgan ha
4 years ago·Reply
scrubs
4 years ago·Reply