JPMorgan Chase, Justice Department reach tentative $13 billion deal over mortgage-backed securities
The person close to the talks told CBS News’ Stephanie Lambidakis that the tentative settlement was sealed Friday during a 6 p.m. phone call between Attorney General Eric Holder and JPMorgan CEO Jamie Dimon along with their top lawyers. SOURCE: JPMorgan Chase, Justice Department reach tentative $13 billion deal over mortgage-backed securities – CBS News. $13 billion is a lot of money for most corporations so this settlement had to hurt JPMorgan. But what I don’t understand is that the agreement was “sealed”. That means that no one can see what actual agreements were made. I am a firm believer that … Continue reading JPMorgan Chase, Justice Department reach tentative $13 billion deal over mortgage-backed securities