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  7. DOJ Rejects JPMorgan’s $3 Billion Offer

DOJ Rejects JPMorgan’s $3 Billion Offer

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25 Sep 2013 14:20 #156532 by chairman
DOJ Rejects JPMorgan’s $3 Billion Offer

Putting messy litigation behind you isn't as cheap as it used to be. The Justice Department has rejected a $3 billion offer from JPMorgan Chase to settle investigations into the bank's mortgage-backed-securities business, saying it is much too small. JPMorgan has a big incentive to settle—the mortgage investigation is one of at least seven probes the bank is facing, ranging from alleged misbehavior in energy markets to dealing in China. JPMorgan CEO Jamie Dimon reportedly has urged the board to agree to settlements so the bank can get past the steady string of legal headaches.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
cricketwindies.com/forum/

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  • Snoopster
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25 Sep 2013 14:26 #156535 by Snoopster
Here's a novel idea for the DOJ; PROSECUTE the sons a biatches. >:(

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25 Sep 2013 14:29 #156537 by Kwami
They never prosecute . They always settle without the banks ever admitting wrong doing

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25 Sep 2013 14:38 #156538 by Snoopster

But they'll go after the guy who sells 1 gram of weed and throw him in jail for 5 years.  Cunts. >:(

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25 Sep 2013 16:15 #156552 by ketchim

Whaddabout the 300 million they claimed in CDS ( insurance )

when American Airlines Died ?

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  7. DOJ Rejects JPMorgan’s $3 Billion Offer
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