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JP Morgan to pay $13 billion
Tweet Topic Started: Oct 19 2013, 05:00 PM (20 Views)
brumdog44 Oct 19 2013, 05:00 PM Post #1
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http://money.cnn.com/2013/10/19/investing/jpmorgan-settlement/index.html?hpt=hp_t1
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boilergrad01 Oct 19 2013, 05:34 PM Post #2
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How much did they steal? Offering up $13B indicates some degree of corruption. My point is if they made $Billions in shady practices and have to pay $13B in in fines and debt relief they how does that discourage the practice.
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brumdog44 Oct 19 2013, 05:41 PM Post #3
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boilergrad01
Oct 19 2013, 05:34 PM
How much did they steal? Offering up $13B indicates some degree of corruption. My point is if they made $Billions in shady practices and have to pay $13B in in fines and debt relief they how does that discourage the practice.
Don't know, didn't see any details on that. Was glad to see that JP Morgan's request was rejected that would have not removed any criminal charges being pursued.
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