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Transcripts For ALJAZAM Inside Story 20140714

7,000 to settle a federal administratio investigationto pay 7 billion settlement including a recordbreaking 4 billion penalty for its role in the 2008 financial crisis. In a press conference at the department of justice attorney general erik holder called the terms appropriate. The banks misconduct was egregious, and the bank has admitted to misdeeds in detail. The banks ms. Deeds contributed to shattered lives around the country and around the world. Reporter it comes from tense negotiations between the government and the bank an and its investigation of toxic mortgage securities. They sold defective loans including federally insured financial institutions. Made false statements to investors, marketing materials and even in documents filed with the securities and exchange commission. The investigators and the public were led to believe that these Financial Products were in compliance with the law, which is often not the case. Reporter 4 billion in fines goes to the Justice Department.

Transcripts For ALJAZAM Inside Story 20140715

7,000 to settle a federal administratio investigation to pay 7 billion settlement including a recordbreaking 4 billion penalty for its role in the 2008 financial crisis. In a press conference at the department of justice attorney general erik holder called the terms appropriate. The banks misconduct was egregious, and the bank has admitted to misdeeds in detail. The banks ms. Deeds contributed to shattered lives around the country and around the world. Reporter it comes from tense negotiations between the government and the bank an and its investigation of toxic mortgage securities. They sold defective loans including federally insured financial institutions. Made false statements to investors, marketing materials and even in documents filed with the securities and exchange commission. The investigators and the public were led to believe that these Financial Products were in compliance with the law, which is often not the case. Reporter 4 billion in fines goes to the Justice Department

Transcripts For ALJAZAM Inside Story 20140715

7,000 to settle a federal administratio investigation to pay 7 billion settlement including a recordbreaking 4 billion penalty for its role in the 2008 financial crisis. In a press conference at the department of justice attorney general erik holder called the terms appropriate. The banks misconduct was egregious, and the bank has admitted to misdeeds in detail. The banks ms. Deeds contributed to shattered lives around the country and around the world. Reporter it comes from tense negotiations between the government and the bank an and its investigation of toxic mortgage securities. They sold defective loans including federally insured financial institutions. Made false statements to investors, marketing materials and even in documents filed with the securities and exchange commission. The investigators and the public were led to believe that these Financial Products were in compliance with the law, which is often not the case. Reporter 4 billion in fines goes to the Justice Department

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