Tag: "President Obama"

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Chase Bank DOJ Settlement – Political Retribution?

Chase Bank DOJ Settlement – Political Retribution?

JPMorgan Gets the Obama Treatment JPMorgan Chase & Co. has reached a tentative agreement with the U.S. Department of Justice (DOJ) to pay a staggering $13 billion fine related to its involvement in questionable mortgage-backed bond sales that contributed to the financial crisis of 2007-2008. Although the settlement represents the largest payout ever by a […]