Sen Tim Scott Challenges Biden Administration on Housing Affordability theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
were first reporting on this settlement which by any stretch of the imagination was a record it was supposed to include everything but the kitchen sink. jpmorgan was facing up to two dozen various legal matters. now even though the price tag is that high, $13 billion, the biggest since bp s $4 billion fine over the gulf oil spill, it s only including some of the mortgage-related issues with the department of justice, federal housing regulators and the new york state aa.g. they re still facing a criminal investigation by the california a.g., an inquiry from the s.e.c. over hiring practices in china and potential manipulation of the energy market. so all of that stuff is not included in this and they re saying jpmorgan chase is still vulnerable to some of that litigation going forward. jamie dimon, the darling early on during the 2000-2008 time period. some say this is the reckoning that has been coming for wall street. other people say jpmorgan bought the two companies at the heart