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Saturday, August 19, 2017
$153 million

JP Morgan To Pay $153 Million For Screwing Investors

As goes Goldman, goes the nation: JP Morgan Chase has agreed to pay $153 million to settle allegations that it misled investors when it created and marketed a risky mortgage investment shortly before the housing market collapsed. The Securities and Exchange Commission accused JP Morgan of securities fraud, saying the bank failed to tell investors […]

June 21, 2011