Posted in November 2013

The JP Morgan Chase settlement: What about executives and other banks?

Gretchen Morgenson’s article in Sunday’s New York Times, “$13 billion. Yes, but What Took So Long?”, rightly commended the Justice Department for taking action against JP Morgan Chase for mortgage securities malfeasance and rightly asked why it took so much time for this action to occur. In its Statement of Facts about the settlement with JP Morgan,  the Justice Department cited information … Continue reading