JP Morgan agrees to pay record 13bn settlement for misleading investors

Wednesday, November 20th 2013 - 04:38 UTC

Full article 4 comments

US bank JP Morgan has agreed to a record 13 billion dollars settlement with US regulators for misleading investors during the housing crisis. It is the largest settlement ever between the US government and a corporation. The bank acknowledged it made “serious misrepresentations to the public”, but said it did not violate US laws. Read full article

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ChrisR
Well these bastards can give me some of the money The Cunt Brown snatched from my investments, that would be a start.

Some hope.
Nov 20th, 2013 - 07:39 pm - Link - Report abuse 0
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DanyBerger
@ChrisR

Well Chris that happen when you are brainwashed you know but I guess you are smart enough to realise that US is broke and you will get no money from them.
Nov 21st, 2013 - 10:23 am - Link - Report abuse 0
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Heisenbergcontext
@2 Dany

The judgement is against J.P.Morgan - not the United States. And as the article makes clear they are far from broke. Their share price actually INCREASED. Still there are ongoing criminal investigations ( 9 0f 'em ) so still a chance to see some suits doing the perp walk.
Nov 21st, 2013 - 11:10 am - Link - Report abuse 0
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ChrisR
2 DanyBerger

Where oh where has my DanyBeger gone?
Where oh where can he be?
'cause this one's an idiot!
Nov 21st, 2013 - 03:04 pm - Link - Report abuse 0
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