Reserves has been cut off. Theyll have to rely on imported oil. A major storm system thats heading east across the United States has caused chaos. At least eight people have been killed because of the storm. Three in california. Strong winds brought down trees and powerlines. Winter storm warns are in effect for parts of california through today. They are the headlines, ill be back at 8 00 pm eastern. Real money with ali velshi is next. For updates go to aljazeera. Com. Jpmorgan chase, paying a hefty price for its part in the collapse. Also a small city is making a big promise. Kids who graduate high school will get free tuition. Plus beyond twitter. The search for the next hot tech ipo. This is real money and im ali velshi. This is real money. You are the most important part of the show so join the conversation with the aj real money. On twitter. J. P. Morgan disagreed on tuesday, to pay a whopping 13 trillion, 8 billion will go to settle claims made by various federal agencies. Anoth
Twitter. J. P. Morgan disagreed on tuesday, to pay a whopping 13 trillion, 8 billion will go to settle claims made by various federal agencies. Another 1 billion will go to five states that sued the bank. But heres what might be the moss interesting part. About 4 billion will go to consumer relief. Now of that 4 billion, about half, will go to actually reducing the principal on j. P. Morganhead loans. Where the value of the mortgage is higher than the value of the house. Some of that money will also be put to restructuring the mortgages to reduce the Monthly Payments and of the remaining 2 billion some will go towards subsidizing mortgages for low to middle income borrowers, some will go to help distress areas or tearing down abandoned homes. Now, this deal between Jpmorgan Chase and are fell produce curts across the united states, whats more j. P. Morgan admits to misleadings verch leadings investors. Now when this deal ends all the civil claims against the bank, it doesnt absolve it
J. P. Morgan disagreed on tuesday, to pay a whopping 13 trillion, 8 billion will go to settle claims made by various federal agencies. Another 1 billion will go to five states that sued the bank. But heres what might be the moss interesting part. About 4 billion will go to consumer relief. Now of that 4 billion, about half, will go to actually reducing the principal on j. P. Morganhead loans. Where the value of the mortgage is higher than the value of the house. Some of that money will also be put to restructuring the mortgages to reduce the Monthly Payments and of the remaining 2 billion some will go towards subsidizing mortgages for low to middle income borrowers, some will go to help distress areas or tearing down abandoned homes. Now, this deal between Jpmorgan Chase and are fell produce curts across the united states, whats more j. P. Morgan admits to misleadings verch leadings investors. Now when this deal ends all the civil claims against the bank, it doesnt absolve it of possib
From a rainy and soil. President trumps warning on twitter now america is as he puts it lost and loaded to respond if necessary but Kaylee Mcghee stomach iran is behind the attack and absolutely no chance the iranian president will meet with President Trump during United Nations General Assembly next week. More on tehrans response i had to. The latest rounds of tensions of course between iran and the United States since President Trump pulled out of the nuclear deal with other world powers and reimposed crippling sanctions on tehran. We have coverage, Benjamin Hall for reporting from iran and john roberts live from the white house. President trump is not ruling out the possibility of a meeting with iranian president next week at the u. N. General assembly in new york city, although this attack would complicate the prospect. The u. N. Ambassador saying to dave to the u. N. Security council that the United States believes iran is responsible and the president morning there could be conse
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