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Chase Discussing 11 Billion Dollar Settlement To Stop Mtg Probes

Ally6770Ally6770932 posts since
Jan 16, 2010
Rep Points: 2,710
1. Thursday, September 26, 2013 - 11:43 AM
I guess when you are worth 2.509 Trillion in assets, 11 Billion is snack money to you.  I think Chase has to pay more than money for what they are being accused of or it will never end.  Diamon will probably keep his job and bonuses and they will keep paying customers like myself pennies for interest.  And life goes on. 
4
paoli2paoli21,401 posts since
Aug 10, 2011
Rep Points: 6,134
2. Thursday, September 26, 2013 - 9:55 PM
You can't make this stuff up:

      "A member of JPMorgan's board of directors said on Thursday at a
       conference in Chicago that the company is determined to make amends
       and improve its reputation. We've got these things that we actually
       are guilty of and we've got to fix them    . . .

       JPMorgan's litigation costs totaled $17.3 billion over the last
       three calendar years, according to the company's annual report.

Detail:
2
cumuluscumulus357 posts since
Jan 16, 2010
Rep Points: 1,666
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